New York Real Estate Commission Calculator
State average: 5% commission · Median home: $428,750 · 4 cities tracked · Updated 2026
Calculate Your New York Commission
Total Commission
$21,438
Listing Agent Gets
$7,503
Buyer's Agent Gets
$7,503
Seller's Net
$407,312
Real Estate Commission Rates in New York (2026)
The average total real estate commission in New York is 5%, which is in line with the national average of 5.0–5.4%. On the median New York home price of $428,750, total agent fees come to $21,438.
Following the August 2024 NAR settlement, buyer's agent compensation is no longer required to be offered through the MLS in New York. Sellers have more flexibility than ever to negotiate commission rates — especially on higher-priced homes where listing-side fees of 1–2% are increasingly common.
How Commission Works in New York
- Total commission: typically 5% of sale price = $21,438 on median home
- Listing agent side: ~$10,719 (2.5% of sale)
- Buyer's agent side: ~$10,719 (negotiable since Aug 2024)
- Agent's take-home: ~70% after broker split = ~$7,503 per side
- Seller nets: approximately $407,312 before closing costs
Commission by Price Range in New York
- Under $200,000: 5.5–6% total (agents need minimum earnings to justify the work)
- $200,000–$500,000: 5–5.5% total (near the New York average of 5%)
- $500,000–$1,000,000: 4.5–5% total (negotiating room opens up)
- Over $1,000,000: 3–4% total (high-dollar listings often command a lower percentage)
Tips for Negotiating Commission in New York
- Get multiple listing presentations — commission rates in New York vary 0.5–1% between agents
- Offer a competitive buyer's concession — to attract buyers, 2–2.5% buyer side works well in New York
- Use a flat-fee MLS service — pay $300–600 for MLS access, then offer buyer agent 2.5%
- Bundle buy and sell — agents may discount if you're buying and selling simultaneously
- List in spring — New York markets peak March–June, giving sellers more negotiating leverage
Commission Rates by City in New York
| City | Median Price | Avg Rate | Total Fees | Calculator |
|---|---|---|---|---|
| New York | $850,000 | 4.8% | $40,800 | Calculate → |
| Rochester | $195,000 | 5.2% | $10,140 | Calculate → |
| Yonkers | $490,000 | 4.8% | $23,520 | Calculate → |
| Syracuse | $180,000 | 5.2% | $9,360 | Calculate → |
Showing top 4 cities. View all cities →
Frequently Asked Questions
What is the average real estate commission in New York?
The average total real estate commission in New York is approximately 5%, which is in line with the national average of 5.0–5.4%. On the median New York home price of $428,750, total agent fees equal $21,438.
How is real estate commission split in New York?
In New York, the total 5% commission is typically split 50/50 between listing and buyer's agents. Each agent then splits with their broker — commonly 70/30. That means each agent earns approximately $7,503 on a $428,750 sale.
Can I negotiate real estate commission in New York?
Yes. Since the August 2024 NAR settlement, buyer's agent compensation is fully negotiable in New York. Sellers are no longer required to offer buyer concessions through the MLS, making commission negotiation more accessible than ever.
How much does a seller net after commission in New York?
On the median New York home of $428,750 with a 5% commission, the seller nets approximately $407,312 before closing costs. Add another 1–3% for closing costs depending on the transaction.