Average Real Estate Commission in Connecticut: 2024 Data

Jon Stubbs's Photo
By Jon Stubbs Updated March 1, 2024

SHARE

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 Connecticut is 5.47%, which is about equal to the national average of 5.49%. Calculate your estimated commission in Connecticut.

The average total real estate agent commission rate in Connecticut is 5.47% of the final sale price. Based on the latest median home sale price in Connecticut ($378,114), that translates to a total cost of roughly $20,683.

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 Connecticut, the average listing agent fee is 2.97%, while the average buyer’s agent fee is 2.50%.

Real estate agent commissions make up a significant portion of the closing costs for Connecticut home sellers. But you don't have to pay the full 5.47% to a traditional agent. If you're selling a home in Connecticut, 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 36% on realtor fees, or about $7,449 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 Connecticut

Average listing commission 2.97%
Average buyer's agent commission 2.50%
Total average commission 5.47%
Show more

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 Connecticut for listing agents is 2.97% of the final home price and 2.50% for buyer's agents, for a total of 5.47%.

» LEARN: How do real estate broker commissions work?

Real estate commission calculator for Connecticut

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

If reducing total agent commissions is a priority, Clever can connect sellers with top-rated local listing agents willing to list a property for only 1.5 percent - allowing more hard-earned equity to remain in the seller's pocket.

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

Who pays realtor fees in Connecticut?

When selling real estate in Connecticut, commissions for real estate agents are typically deducted from the final proceeds of the home sale. As the property seller, these fees do not require an upfront out-of-pocket payment.

The listing agent earns their share of the commission by leveraging their expertise - providing market valuations, listing services, and administrating the closing process. The buyer's agent is compensated for facilitating a smooth transaction by presenting qualified purchasers able to meet the negotiated terms of sale.

Since commissions are extracted directly from the final sale price once the deal closes, sellers do not need to pay agent fees separately.

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

Covering the buyer agent's commission can increase the appeal of your home listing to prospective purchasers.

Taking on the buyer agent fee makes a listing more enticing by relieving clients of this upfront outlay in addition to standard expenses like the down payment and closing costs – a heavy financial load for many.

Promising a competitive buyer agent commission also incentivizes realtors to actively showcase your property to their network of buyers. This expanded exposure can help generate a multiple offer scenario. Local real estate experts advise advertising a buyer agent commission within 0.5 percent of the prevailing rate, currently at 2.50% in Connecticut, to optimize the attractiveness of your listing.

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 Connecticut

Commission rates are not set in stone. In fact, we found that while 2.97% is the average listing commission in Connecticut, rates typically fall between 2.30% and 3.50%. 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 2.30%– 3.50%
Buyer's agent commission 2.50%– 2.50%
Total commission range 4.80%– 6.00%
Show more

» LEARN: What's the commission on a $1 million home?

Can I negotiate realtor commission in Connecticut?

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%
Show more

Negotiating realtor fees in Connecticut 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 Connecticut housing market
  • Homes are selling quickly
  • There are relatively few homes listed for sale
  • Home values are rising
Show more

While your personal circumstances differ, the real estate market conditions in Connecticut impact all sellers in the area.

In a seller-favorable market with high demand and low inventory, listing agents tend to more readily reduce commissions owing to easier sales. Conversely, buyer's markets often pressure sellers to maintain agent compensation.

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

Analyzing key market indicators offers insight into prevailing conditions:

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

If signs indicate Connecticut 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 Connecticut real estate market

Factor Trends Indication
Months of inventory There's 0.82 months of housing inventory on the market Seller's market
Sale-to-list ratio Homes are selling for 101.70% of their listing price Seller's market
Home values Home values have risen 14.93% year over year Seller's market
Show more

» LEARN: See state-by-state average commission rates. How does your state compare?

Low commission real estate companies in Connecticut 

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.)

Availability

Nationwide

Customer Rating

5.0 (2,627)

Overview

Pricing

Reviews

Contact

Overview: For those aiming to sell homes in Connecticut while keeping more money in their pockets, Clever is an excellent choice that doesn’t skimp on quality.

✅ Benefits and features: Savvy sellers can enjoy Clever’s reduced commission rates—up to 50% lower than traditional agents—while taking full advantage of their highly praised, commitment-free matching service.

🏠 How it works:  Clever facilitates connections with elite local realtors from esteemed brokerages, including giants like RE/MAX and Compass. This offers an opportunity to survey various options and secure a prime realtor while capitalizing on a competitive 1.5% listing fee identical to Redfin’s rate, irrespective of the realtor you select.

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 Connecticut 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 Connecticut

Learn more
4.7
Excellent

Listing Fee

1.5% ($4,000 min.)

Availability

Multi-state

Customer Rating

N/A*

Overview

Pricing

Reviews

Contact

Overview: For those looking to maximize their real estate sale earnings in Connecticut, Redfin stands out with its budget-friendly services.

✅ Benefits and features: Enjoy potential cost savings with Redfin's 1.5% listing fee, substantially lower than the conventional 3% fee. Sellers who both offload their current property and secure their next home through Redfin within one year can further benefit from a reduced listing fee of 1%, amplifying their savings. The prominence of Redfin as a brand is indisputable, especially with its broad catalog of discount real estate agents surpassing that of its local Connecticut competitors.

🚩 Potential red flags:  Redfin's model may not align with every seller's preferences. Their approach is tech-centric and employs a team structure, where sellers engage primarily at a distance with a dedicated lead agent backed by a support team. Additionally, given Redfin's minimum commission of $4,000 in Connecticut, which means you may pay slightly more than the advertised listing fee if your home sells below $270,000.

Pros

  • Significant savings on listing fees
  • Well-established brand with a decent selection of agents
  • Tech-forward approach that may appeal to some

Cons

  • Higher minimum commission fee compared to other options in Connecticut
  • High-volume, team-centered approach may not align with all sellers
  • Limited agent selection compared to Clever

Fee structure

  • 1.5% listing fee ($4,000 min. in Connecticut) 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: 8 a.m.–5 p.m. EST, 7 days a week
Address: 157 Church Street 19th floor, New Haven, CT 06510
Areas served: Bridgeport, Greenwich, Westport, Milford, Hartford, Stamford, Norwalk, Darien, Trumbull, West Hartford, New Haven, Danbury, Ridgefield

Landfall Properties

Learn more
4.3
Good

Listing Fee

0.5-3%

Availability

Multi-state

Customer Rating

N/A*

Overview

Pricing

Reviews

Contact

Overview: Landfall Properties is well-suited for self-assured sellers in Connecticut seeking to economize on brokerage fees. However, prospective clients should weigh the potential for unclear charges and restricted offerings against their anticipated savings.

✅ Benefits and features: Landfall's enticing $0 listing option appeals to savvy sellers who prefer a direct, hands-on role in the sale process. For those desiring comprehensive support, Landfall has a 1% full-service alternative, facilitated by an experienced Connecticut-based real estate professional.

🚩 Potential red flags:Landfall's pricing model can be confusing, and they earn revenue by splitting buyer's agent fees, which can impact collaboration with buying agents. Out-of-pocket expenses for consultations, yard signs, and essential paperwork could diminish the allure of discounted rates. Additionally, the absence of a physical outpost limits opportunities for face-to-face interactions with the team.

Pros

  • Multiple flat fee MLS-listing only options for experienced sellers
  • Low 1% listing fee for full-service option

Cons

  • Pricing structure may discourage cooperation with buying agents
  • Additional services may offset savings
  • Customers may find the fee structure confusing
  • No option for professional photography

Fee structure

Tier 1

  • $0 upfront cost
  • 2.5% buying agent commission

Tier 2

  • $699 upfront cost
  • 2% buying agent commission

Tier 3

  • 1% at closing
  • 2% buying agent commission

*Not enough data available at this time

Website: flatfeemls4free.com
Phone: 844-373-3657
Address: One, Tara Blvd #200, Nashua, NH 03062
Areas served: Connecticut, Maine, Massachusetts, New Hampshire, and Vermont

» 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 Connecticut'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 January 2024
  • Sale-to-list ratios: Based on Zillow data as of January 2024 (unless specified otherwise)
  • Months of inventory: Based on Realtor.com data as of February 2024

Additional resources for Connecticut home sellers

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area
If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.