Average Real Estate Commission in Missouri: 2024 Data

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By Jon Stubbs Updated March 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 Missouri is 5.58%, which is higher than the national average of 5.49%. Calculate your estimated commission in Missouri.

The average total real estate agent commission rate in Missouri is 5.58% of the final sale price. Based on the latest median home sale price in Missouri ($234,949), that translates to a total cost of roughly $13,110.

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 Missouri, the average listing agent fee is 2.89%, while the average buyer’s agent fee is 2.69%.

Real estate agent commissions make up a significant portion of the closing costs for Missouri home sellers. But you don't have to pay the full 5.58% to a traditional agent. If you're selling a home in Missouri, 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 $3,790 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 Missouri

Average listing commission 2.89%
Average buyer's agent commission 2.69%
Total average commission 5.58%
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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 Missouri for listing agents is 2.89% of the final home price and 2.69% for buyer's agents, for a total of 5.58%.

» LEARN: How do real estate broker commissions work?

Real estate commission calculator for Missouri

Use this commission calculator to estimate how much you'll pay in realtor fees when you sell your home in Missouri. 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 realtor fees, Clever can connect you with a top local listing agent charging just 1.5% commission. This will allow you to retain more of the sale proceeds.

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

Who pays realtor fees in Missouri?

When selling a home in Missouri, the sales commissions for both the seller's and buyer's agents are deducted from the final sale price. These fees do not need to be paid upfront.

The seller's agent earns their commission by providing services like market analysis and coordinating the closing process. The buyer's agent makes their commission by bringing a qualified buyer who meets the purchase terms and closes on time. 

The seller does not pay these commissions out of pocket. Like closing costs, the agents' fees are subtracted from the sale proceeds once the sale is completed.  

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

Offering to cover the buyer's agent commission may attract more potential buyers to your listing.  

Paying this fee makes your home more appealing to buyers, since they won't have to pay their agent's commission upfront in addition to the down payment and closing costs—something many buyers can't afford.

When you make a competitive offer on the buyer's agent commission, real estate agents become more motivated to show 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 average, which is 2.69% in Missouri.

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 Missouri

Commission rates are not set in stone. In fact, we found that while 2.89% is the average listing commission in Missouri, rates typically fall between 1.50% 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 1.50%– 4.00%
Buyer's agent commission 2.00%– 3.00%
Total commission range 3.50%– 7.00%
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» LEARN: What's the commission on a $1 million home?

Can I negotiate realtor commission in Missouri?

Real estate commission is always negotiable. In Missouri, the 17 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 with more than one property to sell 90%
Homeowners who also plan to buy with you 59%
Higher property values 53%
Homeowners who are repeat clients 53%
High competition for clients 53%
Homes expected to sell quickly 41%
Seller’s situation (e.g. divorce or death in the family) 35%
High buyer demand in the area 18%
Houses in excellent condition 18%
Highly experienced home sellers 12%
Periods of low housing inventory 12%
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Negotiating realtor fees in Missouri 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 Missouri 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 situation may differ, real estate conditions in Missouri will impact all home sellers in the area.  

Generally in a seller's market, where sellers have more leverage than buyers, listing agents' jobs are easier so they may be more willing to reduce 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 gauge 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 all signs point to Missouri being a seller’s market, you may be in a good position to negotiate a lower commission with your agent. If conditions are mixed or favor buyers, it may be harder to get your agent to accept a cheaper rate.

The current state of the Missouri real estate market

Factor Trends Indication
Months of inventory There's 1.59 months of housing inventory on the market Seller's market
Sale-to-list ratio Homes are selling for 98.00% of their listing price Seller's market
Home values Home values have risen 14.77% 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 Missouri 

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 those in the Missouri market aiming to trim down realtor fees without skimping on expertise, Clever is a prime choice.

✅ Benefits and features: Enjoy the appeal of Clever’s sizeable discounts that reach up to 50% less than those of traditional realtors. Their acclaimed agent matching service stands out, offering cost-free, zero-commitment assistance.

🏠 How it works: Clever forges connections with elite local realtors hailing from esteemed brokerages like RE/MAX and Compass. Survey your options to identify the ideal match, all while reaping the rewards of a competitive 1.5% listing fee (on par with Redfin), whoever the chosen realtor might be.

Pros

  • Partner with a conventional agent from a well-recognized brokerage (this is not a discount-based service)
  • Agents slash their usual rates by up to 50% for those who enlist through Clever
  • Extensive roster of distinguished Warren realtors at your disposal

Cons

  • No assurance of partnering with a preferred specific agent or brokerage
  • Premium services such as professional staging, drone imagery, and immersive 3D tours might incur additional costs (agents will clarify what's covered in their listing pitch)

Fee structure

  • 1.5% listing commission ($3,000 min.) paid at closing
  • 2–3% buyer’s agent commission paid 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 Missouri

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4.7
Very Good

Listing Fee

1.5% ($2,000–3,500 min.)

Customer Rating

N/A*

Availability

Multi-state

Overview

Pricing

Reviews

Contact

Overview: Redfin could be a compelling choice for Missouri homeowners seeking an efficient real estate transaction that doesn't skimp on savings. Nevertheless, it's worth noting that Redfin maintains a higher floor on commission rates, and thus might not be the most cost-friendly for every budget.

✅ Benefits and features: Redfin shines with its appealingly low 1.5% listing fee, which can translate to hefty savings. For those looking to buy and sell with Redfin within one year, there's an extra perk: a 0.5% reduction on the listing fee. Redfin's portfolio of cost-conscious realtors is designed to cater to a variety of client requirements.

🚩 Potential red flags: Redfin's structure is heavily reliant on technology and a team-based service model. Clients usually engage with a Lead Agent along with their team mainly through online platforms, which may fall short for those desiring more individualized attention. Redfin also has a minimum commission fee of $2,000–3,500 in Missouri. So, depending on your home’s value and its location, you may end up paying more than the 1.5% fee.

Pros

  • Offers potential for significant savings on listing fees
  • Well-known brand with a wide selection of agents
  • Online model may be ideal for certain sellers

Cons

  • Has a higher minimum fee than other Missouri options
  • Limited selection of agents compared to Clever
  • Online, team-based model may not suit everyone’s preferences

Fee structure

*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: 800 E 101st Terrace, Suite 350, Kansas City, MO 64131
Areas served: Affton, Ballwin, Belleville, Brookside, Chesterfield, Clayton, Concord, Creve Coeur, Fairway, Fenton, Florissant, Kansas City, Kirkwood, Ladue, Leawood, Lenexa, Liberty, Maplewood, Mission, O’Fallon, Olathe, Overland Park, Parkville, Prairie Village, Roeland Park, Shawnee, St. Charles, St. Louis, St. Peters, University City, Webster Groves, Wildwood, and more

Platinum Realty

Learn more
4.5
Very Good

Listing Fee

1.9%

Customer Rating

5.0 (15)

Availability

Local

Overview

Pricing

Reviews

Contact

Overview: Home sellers situated in the vicinity of Kansas City who don't mind a slightly higher commission rate for a comprehensive service will find Platinum Realty to be a dependable option.

✅ Benefits and features: Al Urban at Platinum Realty boasts an impeccable track record, having achieved an unblemished review score from past clients on Zillow and Realtor.com.

🚩 Potential red flags: Despite Platinum Realty's history of client satisfaction, the absence of any 2023 reviews suggests potential clients should seek updated testimonials to properly assess the broker's current service levels. Also, note that Platinum Realty's listing fee stands at the higher end when contrasted with other competitors in the discount real estate market.

Pros

  • Receives 5-star ratings for outstanding customer satisfaction
  • No upfront fees required when working with Platinum Realty

Cons

  • Total commission of 4.9% is higher than discount realtors
  • Only available in the greater Kansas City area

Fee structure

  • 1.9% listing fee at closing 
  • 3% buyer’s agent commission at closing
Weighted avg. 5.0 19
Realtor.com 5.0 4
Zillow 5.0 15

Website: alurban.net 
Phone: 816-506-4918
Address: 9393 W 110th St, Suite 170, Overland Park, KS 66210
Areas served: Greater Kansas City area

» 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 Missouri'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 Missouri home sellers

Better real estate agents at a better rate

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