Can the commission rate change?

The commission rate is typically agreed upon in the listing agreement between the seller and the real estate agent before the home is put on the market. Once the listing agreement is signed, the commission rate is generally fixed and cannot be changed without mutual agreement between the seller and agent. the commission rate should be clearly outlined in the listing agreement, and any changes to the commission rate should be documented in writing and signed by both the seller and agent. If the agent does request a higher commission rate, they are required to disclose this to the seller and obtain their agreement before proceeding

Hi Cesar; when you list a home, you sign a listing agreement with a real estate brokerage to sell your home. The listing agreement states the listing terms, commission, and any additional fees associated with marketing the home to procure the buyer. Every state is different; in Florida, we have a written listing agreement with agreed-upon terms signed by the seller and brokerage.

The laws are different in every state but in Georgia and I’d think every where - the rate is agreed upon during the listing agreement in writing. The agent has no authority or raise or lower the commision agreed to be paid by the seller unless its agreed upon in writing.

Hi Cesar. Absolutely not! You only pay the rate which you agreed upon when you signed to list your property. No matter how long it takes (or not) the commission rate does not change.

Typically commission is determined during the initial listing period and documented in the listing agreement. Once that agreement is singed, the commission rate is set and cannot change. If changes happen down the road, based on any circumstance, an amendment to the initial listing agreement will need to be signed. In short, commission rates should not be able to change. If they do, you will have to sign a form to update the listing agreement. Hope that helps!