Average Real Estate Commission in Arkansas: 2024 Data

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By Jon Stubbs Updated June 1, 2024

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How commission works | Commission calculator | Best ways to save | Methodology

📊 The data:


Our December 2023 survey of local agents found that the average real estate commission in Arkansas is 5.99%, which is higher than the national average of 5.49%. Calculate your estimated commission in Arkansas.

The average total real estate agent commission rate in Arkansas is 5.99% of the final sale price. Based on the latest median home sale price in Arkansas ($206,394), that translates to a total cost of roughly $12,363.

Home sellers typically cover the total commission fee from their sale proceeds, which is split between the listing and buyer’s agents who handle the sale. In Arkansas, the average listing agent fee is 3.22%, while the average buyer’s agent fee is 2.77%.

Real estate agent commissions make up a significant portion of the closing costs for Arkansas home sellers. But you don't have to pay the full 5.99% to a traditional agent. If you're selling a home in Arkansas, you can use a discount broker to save on realtor fees. In fact, depending on your situation and the agents you work with, you could save 29% on realtor fees, or about $3,646 on average.

Find top agents and save: Answer these five simple questions to get matched with the best local agents offering reduced commission rates. Compare agents from top brokerages like Keller Williams and RE/MAX, and get a discounted rate through Clever’s partner network.

How real estate commission works in Arkansas

Average listing commission 3.22%
Average buyer's agent commission 2.77%
Total average commission 5.99%
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There are usually two real estate agents involved in the real estate transactions of a home sale:

  • The seller's agent (also called the listing agent), who represents the home seller
  • The buyer's agent, who represents the person buying the home

Based on our research, the average real estate commission paid in Arkansas for listing agents is 3.22% of the final home price and 2.77% for buyer's agents, for a total of 5.99%.

» LEARN: How do real estate broker commissions work?

Real estate commission calculator for Arkansas

Use this commission calculator to estimate how much you'll pay in realtor fees when you sell your home in Arkansas. Enter an estimate of your home's sale price, and see how much you'll pay at different commission rates.

If you want to reduce your real estate fees, Clever can connect you with a top local listing agent charging just 1.5% commission. This will allow you to keep more of the sale proceeds for yourself.

» SAVE: Sell with Clever for 1.5% listing fees and save thousands in commission!

Who pays realtor fees in Arkansas?

When selling a home in Arkansas, the sales commissions for both the listing agent and buyer's agent are taken out of the final sale price. As the seller, you do not have to pay these fees upfront.

The listing agent earns their commission by providing services such as market analysis and handling the closing process. The buyer's agent makes their commission by bringing a qualified buyer who meets the purchase terms and completes the transaction.  

As the seller, you do not pay these commissions out of pocket. The agents' fees are deducted from the sale proceeds once the sale closes.

Why do sellers pay the buyer's real estate agent commission?

Offering to cover the buyer's agent commission can make your listing more appealing to potential buyers.

Paying this fee makes your home more attractive to buyers since they won't have to pay their agent's commission upfront on top of the down payment and closing costs—expenses many buyers struggle to take on.  

When you make a competitive offer on the buyer's agent commission, real estate agents become more motivated to showcase your property to their clients. This can increase your chances of garnering multiple offers. Experts recommend advertising a buyer's agent commission within 0.5% of the local norm, which is 2.77% in Arkansas.

Will the NAR lawsuit change how real estate commission works?

On March 15, 2024, the National Association of Realtors agreed to pay $418 million in damages to settle a real estate commission lawsuit the industry group lost in November 2023. 

While the full impact of the settlement is yet to be determined, experts believe that the change will eventually lead to lower buyer's agent commissions and give buyers the ability to negotiate those commissions based on the services they need. 

The terms of the settlement are scheduled to take effect in mid-July 2024. But, the settlement hasn't been officially approved yet, and it could be delayed or changed by objections. We'll continue to monitor the status of the settlement and the effects it has on the real estate industry.

» READ MORE:

How to save on realtor fees in Arkansas

Commission rates are not set in stone. In fact, we found that while 3.22% is the average listing commission in Arkansas, rates typically fall between 3.00% and 4.00%. You can save money by negotiating a lower rate with your listing agent or by working with a discount real estate brokerage.

Listing commission range 3.00%– 4.00%
Buyer's agent commission 2.00%– 3.00%
Total commission range 5.00%– 7.00%
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» LEARN: What's the commission on a $1 million home?

Can I negotiate realtor commission in Arkansas?

Real estate commission is always negotiable. Nationwide, the 630 agents we surveyed said these were their most common reasons for agreeing to lower their commission.

Would you lower your commission for…? Agents who answered yes
Homeowners who also plan to buy with you 72%
Homeowners who are repeat clients 70%
Homeowners with more than one property to sell 67%
Seller’s situation (e.g. divorce or death in the family) 48%
Higher property values 47%
High competition for clients 37%
Homes expected to sell quickly 37%
Periods of low housing inventory 23%
High buyer demand in the area 22%
Houses in excellent condition 19%
Highly experienced home sellers 13%
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Negotiating realtor fees in Arkansas depends on two main factors: your situation and the housing market.

Factor You may have an easier time negotiating low rates if...
Your situation
  • You're selling a high-value home
  • You have a personal relationship with a realtor
  • You can offer a realtor repeat business
The Arkansas housing market
  • Homes are selling quickly
  • There are relatively few homes listed for sale
  • Home values are rising
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While your personal circumstances differ, the real estate market conditions in Arkansas impact all sellers in the area.

In a seller's market, where sellers have more leverage, listing agents typically have an easier time and may be more willing to reduce their commissions. The opposite is often true in a buyer's market.

Not comfortable negotiating with a realtor? Avoid the awkward conversation and let Clever pre-negotiate a lower rate with a top agent for you.

To evaluate your local real estate market, look at these three factors:

  • Inventory Months  
  • Sales Price to List Price Ratio
  • Home Value Trends

If signs indicate Arkansas is firmly a seller’s market, you may be in a good position to negotiate a lower commission. However, if conditions favor buyers, it may be harder to get an agent to accept a cheaper rate.

The current state of the Arkansas real estate market

Factor Trends Indication
Months of inventory There's 1.92 months of housing inventory on the market Seller's market
Sale-to-list ratio Homes are selling for 97.50% of their listing price Buyer's market
Home values Home values have risen 12.87% year over year Seller's market
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» LEARN: See state-by-state average commission rates. How does your state compare?

Low commission real estate companies in Arkansas 

Negotiating a lower rate with a professional negotiator can be hard! In many cases, home sellers can save just as much (or more!) by selling with a low commission real estate company.

Discount real estate brokers typically offer full-service support for a reduced commission percentage or flat rate. How they create those discounts will depend on the company's model, with some creating more risks and trade-offs than others.

Best for most sellers

Clever Real Estate

Learn more
4.9
Excellent

Listing Fee

1.5% ($3,000 min.)

Customer Rating

5.0 (2,627)

Availability

Nationwide

Overview

Pricing

Reviews

Contact

Overview: In Arkansas, if you're aiming to cut down on realtor commissions but don't want to sacrifice quality, Clever emerges as our leading recommendation for home sellers.

✅ Benefits and features: Experience significant savings with rates substantially lower (up to half off) compared to standard realtor fees. Clever’s pairing service is esteemed for its effectiveness and is entirely complimentary and non-binding.

🏠 How it works: With Clever, you’ll be introduced to elite local realtors from noted firms such as RE/MAX and Compass. You have the freedom to evaluate your options and select the ideal match for you, all the while securing Clever’s special 1.5% listing fee—which matches Redfin’s rate—regardless of your chosen agent.

Pros

  • Sell with a traditional agent from a name-brand brokerage (not a discount agent)
  • Agents work for up to 50% off their typical rate when you go through Clever
  • Most agent selection by far — choose from hundreds of top Arkansas realtors

Cons

  • No guarantee you’ll be able to work with a specific agent or brokerage you have in mind
  • Add-ons like professional staging, drone photos, and 3D tours may cost extra (agents will break down what’s included during their listing presentation)

Fee structure

  • 1.5% listing fee ($3,000 minimum) at closing
  • 2–3% buyer’s agent commission at closing
Weighted avg. 5.0 2,627
Trustpilot 5.0 2,402
Google 4.8 225

Website: listwithclever.com
Phone: 1-833-225-3837
Hours: 8 a.m.–8 p.m. EST, 7 days a week
Address: 6358 Delmar Blvd, Suite 300, Saint Louis, MO 63130

Redfin Arkansas

Learn more
4.7
Excellent

Listing Fee

1.5% ($2,000 min.)

Availability

Multi-state

Customer Rating

N/A*

Overview

Pricing

Reviews

Contact

Overview: For those seeking cost-effective solutions in the Arkansas real estate market, Redfin stands out as a viable discount brokerage option. However, Clever emerges as the superior choice when considering the breadth of agent selection.

✅ Benefits and features: Opting for Redfin can result in sizable financial savings through a reduced 1.5% listing fee, which undercuts the standard 3% rate commonly seen in the industry. Furthermore, Redfin sweetens the deal by offering an additional discount of 0.5% on your listing fee when you engage them to handle both the sale and subsequent purchase of a home within a single year.

🚩 Potential red flags: Redfin's modern, tech-centric approach, combined with team-based service, may align well with many sellers' preferences, yet it may not accommodate the individual needs of every client. The main interactions and transactions typically occur through a digitally-coordinated system backed by a Lead Agent along with a specialized support team. Importantly, Redfin imposes a minimum commission of $2,000 in Arkansas. So if your property sells for less than $200,000, the actual listing fee percentage will be slightly higher than the advertised 1.5%.

Pros

  • Enjoy substantial savings due to Redfin's lower listing fees
  • Benefit from a reputable and well-established brand that offers a wide selection of agents
  • Redfin's tech-driven approach may be particularly appealing to certain sellers

Cons

  • The high-volume and team-based approach of Redfin may not be the best fit for every seller
  • Redfin offers a smaller number of agents compared to Clever in Arkansas

Fee structure

  • 1.5% listing fee ($3,000 min. in Arkansas) at closing
  • 2–3% buyer’s agent commission at closing
  • 0.5% listing fee refund if you also buy with Redfin within 12 months

*Not enough available data at this time

Website: redfin.com
Phone: 1-844-759-7732
Hours: 9 a.m.–7 p.m. CST, 7 days a week
Address: 400 West Capitol Ave. Suite 1700, Little Rock, AR 72201
Areas served: Alexander, Benton, Bryant, Cabot, Conway, Jacksonville, Little Rock, Maumelle, North Little Rock, Sherwood, and more

One Percent Lists Arkansas

Learn more
4.1
Good

Listing Fee

1%

Customer Rating

5.0 (105)

Availability

Local

Overview

Pricing

Reviews

Contact

Overview: 1% Lists Arkansas is a compelling option for those looking to capitalize on cost savings with their competitively low 1% listing fee. Known for their acumen in the local property scene, their agents bring vital insider knowledge. However, certain aspects of their offering might lack transparency.

✅ Benefits and features: At a strikingly reduced listing rate of just 1%, without any upfront charges, this brokerage opens up the opportunity for home sellers to retain more of their sale proceeds when the deal closes. The brokerage has also earned an impressive streak of positive feedback from clients, signaling a high satisfaction rate with the services provided.

🚩 Potential red flags: 1% Lists Arkansas doesn’t extend open house events or print advertising in its suite of full-service offerings. Also, it’s unclear how long your property is listed on the MLS, potentially leading to unforeseen delays or additional expenses.

Pros

  • Low 1% listing fee
  • Positive customer reviews
  • Understanding of Arkansas real estate markets

Cons

  • Doesn't hold open houses
  • Unclear MLS listing period
  • No use of print media in marketing efforts

Fee structure

  • 1% listing fee at closing
  • 2–3% buyer's agent commission at closing
Weighted avg.  5.0 105
Google 5.0 16
Zillow 4.9 89

Website: 1percentlistsarkansas.com
Phone: (479) 445-9389
Address: 2602 E Battlefield Blvd, Bentonville, AR 72712
Areas served: Bentonville, Fayetteville, Northwest Arkansas, Rogers, Springdale, and more.

» LEARN: How do discount real estate brokers offer lower fees?

Next steps

Thinking of selling your home but don't know where to start? Here are some next steps.

Start interviewing local agents

Set up some listing appointments, where an agent visits your home to discuss its estimated value, lay out their marketing strategy, and provide a quote for their fee.

Here's why it's smart to sit down with a few agents before signing with one:

It's completely free to meet with agents: There's no obligation or risk on your end. Just keep in mind that the agent is meeting with you to win your business, and will try to sell you on their service.

You can compare pricing and features: Shopping around helps you find the best fit for your specific needs – in terms of fees, experience, and services provided.

Learn more about your market from an expert: Realtors can provide local data, like how much nearby homes are selling for, how fast they sell, and other current market trends.

Learn about the home sales process: An agent can walk you through the sales process from start to finish, and provide tailored advice for marketing your property to home buyers.

To get started, check out our guide on the best ways to find real estate agents — or you can sign up for Clever’s free agent matching service below to connect with top realtors in your area right now (and save on commission).

Clever has pre-negotiated low commission rates of only 1.5%, with Arkansas's top agents. Contact Clever today to find out how much you can save on commission!

👋 Next Steps: Find an agent!

Clever can connect you with top local agents sell your house for a pre-negotiated low rate: just a 1.5% listing fee when your home sells (half the typical rate!).

You can interview your Clever agent matches, get free pricing estimates, and compare marketing plans — all with no strings attached.

Ready to learn more? Click below to take our simple quiz and see your agent matches!

Methodology

We gathered our commission rate data from a survey of 630 of our partner agents. The survey asked about standard local rates for both listing and buying agents. We also asked agents about when and why they're willing to negotiate real estate commissions. 

Additionally, we utilized the following data from Zillow and Realtor.com:

  • Home values, list prices, and sale prices: Based on Zillow data as of April 2024
  • Sale-to-list ratios: Based on Zillow data as of April 2024 (unless specified otherwise)
  • Months of inventory: Based on Realtor.com data as of March 2024

Additional resources for Arkansas home sellers

Better real estate agents at a better rate

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