Most real estate agents in Wisconsin get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. But how does that compare to the average real estate commission rate in Wisconsin? In this post, we’ll help you determine how much commission you might pay on your Wisconsin home sale, and what options are available to earn the highest proceeds possible. According to Greg Dallaire, a top real estate agent with 17 years of experience in the Green Bay area, you can expect to pay between 5%-7% in agent commissions when selling a home in Wisconsin, with some variation based on location within the state. On a property worth the current statewide median home sale price of $267,500, that amounts to $13,375–$18,725 in commission costs. Using an overall statewide average of 6%, here’s a breakdown of how much you might pay in real estate commissions based on what a typical home sells for in six cities throughout Wisconsin:
HomeLight gathers agent commission data from cities throughout the U.S. To see if we have commission rates for your city, try our Agent Commissions Calculator. You might also be interested in our Home Value Estimator. Still curious about commission rates in Wisconsin? Here are the answers to common questions about real estate agent commissions: The commission is typically paid by the home seller, and the seller’s agent will then split the commission with the buyer’s agent. Dallaire says, “In the Wisconsin residential listing contract, it’s got the commission basically broken down where there’s the total commission and then the part of that which is utilized to promote a buyer’s agent to cooperate and bring a buyer.”What’s the average real estate commission in Wisconsin?
Wisconsin city
Median home price
Typical commission at 6%
Madison
$400,000
$24,000
Milwaukee
$223,000
$13,380
La Crosse
$259,450
$15,567
Marquette
$215,000
$12,900
Green Bay
$225,000
$13,500
Eau Claire
$275,750
$16,545
Who pays real estate commission fees?
