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 North Dakota is 5.00%, which is less than the national average of 5.49%. Calculate your estimated commission in North Dakota.
The average total real estate agent commission rate in North Dakota is 5.00% of the final sale price. Based on the latest median home sale price in North Dakota ($248,022), that translates to a total cost of roughly $12,401.
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 North Dakota, the average listing agent fee is 2.50%, while the average buyer’s agent fee is 2.50%.
Real estate agent commissions make up a significant portion of the closing costs for North Dakota home sellers. But you don't have to pay the full 5.00% to a traditional agent. If you're selling a home in North Dakota, 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 26% on realtor fees, or about $3,201 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 North Dakota
| Average listing commission | 2.50% |
| Average buyer's agent commission | 2.50% |
| Total average commission | 5.00% |
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 North Dakota for listing agents is 2.50% of the final home price and 2.50% for buyer's agents, for a total of 5.00%.
» LEARN: How do real estate broker commissions work?
Real estate commission calculator for North Dakota
Use this commission calculator to estimate how much you'll pay in realtor fees when you sell your home in North Dakota. 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 commission fees, Clever can connect you with a top listing agent in your area who charges just 1.5%. This will allow you to keep more money from the sale in your pocket.
» SAVE: Sell with Clever for 1.5% listing fees and save thousands in commission!
Who pays realtor fees in North Dakota?
In North Dakota, the commission fees for both the buyer's and seller's real estate agents are taken out of the final sale price when you sell your home. You don't have to pay these fees upfront.
The seller's agent earns their commission by providing services like market analysis and coordinating the closing. The buyer's agent earns their commission by bringing a qualified buyer who meets the contract terms and closes on time.
You don't have to pay these commissions out of your own pocket. Like closing costs, the real estate agent commissions are deducted from the sale proceeds when the home sale closes.
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 a more attractive option for buyers, who would otherwise need to cover their agent's commission on top of the down payment and other closing costs—a financial stretch for many.
Offer a competitive rate for the buyer's agent commission, and you'll find that agents are more eager to bring clients to your doorstep. This strategy can lead to a flurry of offers. Real estate insiders suggest setting the buyer's agent commission around 0.5% below the local norm, which stands at 2.50% in North Dakota.
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 North Dakota
Commission rates are not set in stone. In fact, we found that while 2.50% is the average listing commission in North Dakota, rates typically fall between 2.50% and 2.50%. 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 | 2.50%– 2.50% |
| Buyer's agent commission | 2.50%– 2.50% |
| Total commission range | 5.00%– 5.00% |
» LEARN: What's the commission on a $1 million home?
Can I negotiate realtor commission in North Dakota?
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% |
Negotiating realtor fees in North Dakota depends on two main factors: your situation and the housing market.
| Factor | You may have an easier time negotiating low rates if... |
|---|---|
| Your situation |
|
| The North Dakota housing market |
|
Your unique circumstances will certainly play a role, but the real estate climate in North Dakota affects every home seller in your region.
Typically, when sellers hold the upper hand in a seller's market, real estate agents find their work a bit easier and might show more flexibility in reducing their commission rates. Conversely, in a buyer's market, where buyers wield more influence, agents are less likely to budge on their 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 all signs point to North Dakota 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 North Dakota real estate market
| Factor | Trends | Indication |
|---|---|---|
| Months of inventory | There's 1.37 months of housing inventory on the market | Seller's market |
| Sale-to-list ratio | Homes are selling for 96.60% of their listing price | Buyer's market |
| Home values | Home values have fallen 4.72% year over year | Buyer's market |
» LEARN: See state-by-state average commission rates. How does your state compare?
Low commission real estate companies in North Dakota
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.
Listing Fee
Customer Rating
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Overview
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Contact
Overview: For those looking to sell their property in North Dakota and are keen on cutting down traditional real estate commissions without sacrificing expert guidance, Clever is a top choice.
✅ Benefits and features: Clever distinguishes itself by offering commission rates that are significantly lower than standard rates. They are celebrated for their complimentary, no-commitment realtor matching service that has garnered widespread praise.
🏠 How it works: Clever provides a gateway to connect with reputable local agents from well-known brokerages, such as RE/MAX and Compass. This allows sellers to shop around for the right agent while still enjoying the advantage of a competitive 1.5% listing fee (on par with Redfin), no matter which agent they end up selecting.
Pros
- Partner with a full-service agent from a leading brokerage at a fraction of the usual cost.
- Agents are available at up to half their standard rates exclusively through Clever.
- Offers the widest selection of pre-screened agents in Indiana, maximizing your chances of finding the perfect fit.
Cons
- There's no certainty that you'll be paired with a particular agent or brokerage of your preference.
- Additional offerings such as professional staging, aerial photography, and virtual tours might come with an additional fee. Agents will detail what's included during their listing pitch.
» 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 North Dakota's top agents. Contact Clever today to find out how much you can save on commission!
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 February 2024
- Sale-to-list ratios: Based on Zillow data as of February 2024 (unless specified otherwise)
- Months of inventory: Based on Realtor.com data as of March 2024
