Most real estate agents in Ohio get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages 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 Ohio? In this post, we’ll help you determine how much commission you might pay on your Ohio home sale and what options are available to earn the highest proceeds possible. As top real estate agent Adam Jessen of Cincinnati explains, you can expect to pay between 5%-7% in agent commissions when selling a home in Ohio, with some variation based on location within the state. A property worth the current statewide median home sale price of $227,700 amounts to $11,385–$15,939 in commission costs. Jessen notes, “Commissions in Ohio are negotiated between the seller and the listing broker, so you see some variety in the rate.” 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 home sells for in six of the six largest cities in Ohio: 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 Ohio? 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. Jessen says, “Who pays the commission is determined by what’s negotiated. But typically, the seller pays the commission.” Get deeper insight and explanations by reading our buyer agent commission story.What’s the average real estate commission in Ohio?
Ohio city
Median home price
Typical commission at 6%
Columbus
$270,000
$16,200
Cleveland
$123,392
$7,404
Cincinnati
$257,134
$15,428
Toledo
$108,924
$6,535
Akron
$121,548
$7,293
Dayton
$131,100
$7,866
Who pays real estate commission fees?
