Average Real Estate Commission in Idaho: 2024 Data

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By Jon Stubbs Updated May 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 Idaho is 5.50%, which is about equal to the national average of 5.49%. Calculate your estimated commission in Idaho.

The average total real estate agent commission rate in Idaho is 5.50% of the final sale price. Based on the latest median home sale price in Idaho ($451,298), that translates to a total cost of roughly $24,821.

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 Idaho, the average listing agent fee is 2.75%, while the average buyer’s agent fee is 2.75%.

Real estate agent commissions make up a significant portion of the closing costs for Idaho home sellers. But you don't have to pay the full 5.50% to a traditional agent. If you're selling a home in Idaho, 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 32% on realtor fees, or about $7,898 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 Idaho

Average listing commission 2.75%
Average buyer's agent commission 2.75%
Total average commission 5.50%
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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 Idaho for listing agents is 2.75% of the final home price and 2.75% for buyer's agents, for a total of 5.50%.

» LEARN: How do real estate broker commissions work?

Real estate commission calculator for Idaho

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

If you want to decrease your realtor fees, Clever can connect you with a top local listing agent who charges just 1.5%. This will allow you to retain more money from the sale for yourself.

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

Who pays realtor fees in Idaho?

In Idaho, when you sell your home, the commission fees for the buyer's and seller's real estate agents come directly from the final sale price. There's no need to worry about paying these fees upfront.

The seller's agent justifies their commission by offering services such as conducting market analysis and managing the closing process. Meanwhile, the buyer's agent earns their commission by finding a qualified buyer who agrees to the contract terms and completes the purchase on schedule.

Rest assured, these commissions won't be an out-of-pocket expense for you. Similar to closing costs, the real estate agent commissions are subtracted from the proceeds of the sale once the transaction finalizes.

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

Paying the buyer's agent commission can significantly boost interest in your property. By handling this expense, you make your home more appealing to buyers who might struggle with the additional financial burden of their agent's commission on top of the down payment and closing costs. For many, covering this cost isn't feasible.

Offer a competitive rate for the buyer's agent commission, and you'll find real estate agents are more eager to bring clients to your doorstep. This strategy can lead to a flurry of offers. Aim to set the buyer's agent commission around 0.5% of the local average, which stands at 2.75% in Idaho. This move signals to agents that your home is a serious contender in the market, potentially speeding up the sale process.

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 Idaho

Commission rates are not set in stone. In fact, we found that while 2.75% is the average listing commission in Idaho, rates typically fall between 1.00% 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 1.00%– 4.00%
Buyer's agent commission 2.00%– 3.00%
Total commission range 3.00%– 7.00%
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» LEARN: What's the commission on a $1 million home?

Can I negotiate realtor commission in Idaho?

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 Idaho 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 Idaho housing market
  • Homes are selling quickly
  • There are relatively few homes listed for sale
  • Home values are rising
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Your unique circumstances will certainly play a role, but the real estate trends in Idaho affect every home seller in the region.

In a seller's market, where the balance tips in favor of sellers, listing agents may find their work a bit easier and could be more willing to cut their commissions. Conversely, in a buyer's market, agents are likely to stick to their standard fees.

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 assess the current state of your local real estate market, look at these three factors:

  • Months of inventory
  • Sale to list price ratio 
  • Home value trends

If these indicators suggest Idaho is currently a seller's market, you may have the leverage to negotiate a lower commission with your agent. However, if the market is sending mixed signals or leaning in favor of buyers, convincing your agent to take a lower fee might be more challenging.

The current state of the Idaho real estate market

Factor Trends Indication
Months of inventory There's 1.44 months of housing inventory on the market Seller's market
Sale-to-list ratio Homes are selling for 98.60% of their listing price Seller's market
Home values Home values have fallen 33.29% 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 Idaho 

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: For property sellers in Idaho seeking to economize on real estate commissions while maintaining access to professional advice, we consistently advocate for Clever as a superior option.

✅ Benefits and features: Clever sets itself apart by offering significant reductions in traditional realtor charges, up to 50%. Its acclaimed agent matching service is highly esteemed and comes at no cost, with no strings attached.

🏠 How it works: Clever matches you with local agents from well-known agencies, including powerhouses like RE/MAX and Compass. This empowers sellers to peruse and pick their preferred agent while guaranteeing a competitive 1.5% listing fee (comparable to Redfin), irrespective of the agent chosen.

Pros

  • Engage with a full-service agent from a reputable brokerage without the hefty price tag.
  • Agents commit to a rate cut of up to 50% exclusively when partnering through Clever.
  • Access the most extensive array of vetted agents in Idaho, enhancing your likelihood of finding the perfect match.

Cons

  • There's no promise that you'll be matched with a specific agent or firm of your choosing within Clever’s network.
  • Additional services such as professional staging, drone photography, and 3D home tours may incur extra charges, which agents will detail in 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 Idaho

Learn more
4.7
Very Good

Listing Fee

1.5% ($2,000 min.)

Customer Rating

N/A*

Availability

Multi-state

Overview

Pricing

Reviews

Contact

Overview:  Homeowners in Idaho contemplating a cost-effective sales process with a reputable discount brokerage will find Redfin to be a compelling choice. Be mindful that their minimum commission fees are marginally steeper compared to other local alternatives.

✅ Benefits and features: Redfin's 1.5% listing fee presents a notable cost-saving opportunity, which can be especially advantageous for those aiming to buy and sell within a single year due to an extra 0.5% discount. Selecting Redfin means aligning with a recognized and esteemed brand, offering access to an extensive selection of experienced, discount real estate professionals.

🚩 Potential red flags: Adopting a tech-savvy, team-based service model, your primary contact at Redfin will be a Lead Agent, with additional support provided by a specialized team. This more detached configuration may not resonate with clients seeking highly individualized engagement with their agent. Also, Redfin has a minimum commission fee of $2,000 in Idaho. If your home’s value is less than $133,000, you may end up paying more than the advertised 1.5% rate.

Pros

  • Significant savings on listing fees
  • Established brand with a strong lineup of agents
  • Remote, team-based approach can benefit certain sellers

Cons

  • Not ideal for individuals seeking a personalized agent experience
  • Limited agent selection compared to Clever

Fee structure

  • 1.5% listing fee ($2,000 min. in Idaho) 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. MST, 7 days a week
Address: 950 Bannock Street Suite 1100, Boise, ID 83702
Areas served: Boise, Caldwell, Emmett, Eagle, Idaho City, Kuna, Meridian, Mountain Home, Nampa, Middleton, Star, and more

Homie

Learn more
4.2
Good

Listing Fee

$5,000

Customer Rating

5.0 (35)

Availability

Multi-state

Overview

Pricing

Reviews

Contact

Overview: Homie's flat $5,000 listing fee can net decent savings for sellers with homes valued over $500,000, but may cost more for lower-priced properties statewide.

✅ Benefits and features: Homie operates as a flat fee real estate broker and offers a fixed one-time $5,000 fee that beats typical commissions for homes priced higher than $500k. It also has outstanding customer service, evidenced by a 5-star rating from online reviews.

🚩 Potential red flags: While the flat fee saves on pricier Idaho listings, it can cost more percentage-wise for homes under $500k. Homie agents also juggle ten times more clients than the average realtor in the state.

Pros

  • Flat $5,000 fee can provide considerable savings on higher-priced homes
  • Dedicated agent and positive reviews
  • 3D tours, open houses, social media marketing

Cons

  • Not as cost-effective for homes below $500,000
  • High agent workloads may hurt communication
  • More work falls on sellers' shoulders

Fee structure 

  • $5,000 flat listing fee at closing 
  • 2.5–3% buyer's agent commission at closing
Weighted avg. 5.0 35
Zillow 5.0 35

Website: homie.com
Phone: (720) 513-7607
Address: 489 S Jordan Pkwy, #253, South Jordan, UT 84095
Areas served: Arizona, Colorado, Idaho, Nevada, and Utah

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

Additional resources for Idaho home sellers

Better real estate agents at a better rate

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