How commission works | Save on commission | Nevada housing market | Best low commission companies | Methodology
📊 The data:
We surveyed local agents and found that the average real estate commission in Nevada is 5.02%, which is less than the national average of 5.37%.
To sell a house in Nevada worth $454,158 — the median home value in Nevada — you’ll pay about $22,799 in realtor fees.
Realtor commission is usually the largest cost you'll face when selling your home — but you don't have to pay the full 5.02%.
Clever Real Estate could help you save thousands on commission by pre-negotiating 1% listing fees with full-service Nevada realtors from top brokerages.
On that same $454,158 home — you'd pay just $16,100, up to 29% less than paying average rates.
» SAVE: Sell with Clever for 1% listing fees and save thousands in commission!
How real estate agent commission works
Average listing commission | 2.48% |
Average buyer's agent commission | 2.54% |
Total average commission | 5.02% |
There are usually two real estate agents involved in 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 commission rate for listing agents is 2.48% of the final home price and 2.54% for buyer's agents, for a total of 5.02%.
» LEARN: How do real estate commissions work?
Who pays realtor fees in Nevada?
In Nevada, home sellers pay real estate commission fees out of the final sale proceeds for both agents involved in a deal. Offering to pay for the buyer's agent's commission is an incentive for agents to show your home to their clients.
If you'd like to save on commissions, Clever can connect you with a top listing agent in your area. You'll pay just 1% (or $3,000 if your home sells for less than $350,000), keeping more money in your pocket at the end of your sale.
How to save on realtor fees in Nevada
Commission rates are not set in stone. In fact, we found that while 5.02% is the average in Nevada, rates typically fall between 4.25% and 5.79%. You can save money by negotiating a lower rate with your listing agent or by working with brokerage that has a discounted commission model.
Listing commission range | 2.10%– 2.87% |
Buyer's agent commission | 2.15%– 2.92% |
Total commission range | 4.25%– 5.79% |
Tips for negotiating realtor commission in Nevada
Whether you’re selling a luxury condo in Las Vegas, a rustic rancher in Reno, or a commercial property in Carson City, you can almost always negotiate a lower commission rate.
Negotiating a lower realtor percentage in Nevada 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 Nevada housing market |
|
While your personal situation will obviously vary, Nevada real estate market conditions will affect all home sellers in your area.
In general, in a seller's market — where home sellers have more leverage than buyers — a listing agent's job is easier and they may be more willing to lower their commission rates. The opposite is usually true in a buyer's market.
» LEARN: Find our top tips for negotiating lower commission fees
To judge the current state of your real estate market, look at these three factors:
- Months of inventory ⓘ
- Sale to list price ⓘ
- Home value trends ⓘ
If every factor points to Nevada being a seller's market, then you may be in a good position to negotiate a lower commission rate with your agent. If market conditions are mixed or favor buyers, it may be more challenging to persuade your realtor to accept a cheaper fee.
The current state of the Nevada real estate market
Factor | Trends | Indication |
|---|---|---|
Months of inventory | There's 8.2 months of housing inventory on the market | Buyer's market |
Sale-to-list ratio | Homes are selling for 101.16% of their listing price | Seller's market |
Home values | Home values have risen 45.92% year over year | Seller's market |
Low commission real estate companies in Nevada
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.
These are some of the top discount and flat-fee MLS services in Nevada.
The top discount real estate companies in Nevada
Discount real estate companies 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.
Clever Real Estate
Get Started💲 Listing Fee
$3,000 or 1%
💰 Avg. Savings
$7,375
⭐ Avg. Customer Rating
4.9/5 (1,995 reviews)
Clever is a quick, easy, and free way to find a top-rated local agent. And, unlike many similar companies, Clever pre-negotiates big discounts on your behalf, so you can save thousands without sacrificing on service.
- Clever offers a free, nationwide agent-matching service that partners with full-service local agents from conventional brokerages like Keller Williams, Century 21, and RE/MAX.
- You get multiple agent matches so you can interview, compare marketing plans, and choose the best fit.
- Clever pre-negotiates low rates on your behalf — you get full service for a flat $3,000 listing fee, or just 1% if the home sells for more than $350,000.
- If you buy with Clever, you could get a check worth up to 0.5% of the home price.
- You may not get matched with an agent from your preferred real estate brokerage.
- Agents may not provide premium services like drone photography and professional home staging.
Clever has a 4.9 out of 5 rating on Trustpilot, based on 1,844 reviews.
Clever has pre-negotiated low commission rates with top agents in all 50 states and Washington, DC.
Redfin
Full Review💲 Listing Fee
1.5% (min. fees vary)
💰 Avg. Savings
$5,550
⭐ Avg. Customer Rating
3.7/5 (301 reviews)
Redfin offers real savings and is a proven brand. But sellers could compromise on service — especially agent experience and availability.
- If you buy and sell with Redfin, you'll get a 0.5% listing fee discount.
- Redfin gives its listings premium placement in its popular home search app.
- If finding the right agent is a top priority, you'll have limited options — Redfin only has a few agents in each of its markets.
- Redfin agents handle more customers at once than the average realtor, so they may not be able to provide as much personalized service.
Redfin has a 3.7 out of 5 rating (301 reviews) across popular review sites like Google and Yelp.
Redfin is available in 80+ U.S. markets (see all locations).
Homie
Full Review💲 Listing Fee
$3,500
💰 Avg. Savings
$8,500
⭐ Avg. Customer Rating
4.3/5 (1,187 reviews)
Homie offers legit flat-fee savings — but may provide less personalized service than a traditional agent.
- Flat-fee pricing model offers big commission savings on higher-priced homes
- Self-service listing process lets you get your home on the market quickly
- Homie agents provide no in-person services or support
- Agents juggle up to 10x as many customers at once, which increases the risk you'll have a bad experience
Homie has a 4.3 out of 5 rating (1,187 reviews) across popular review sites like Google and Yelp.
Homie is available in the following areas: AZ, CO, ID, NV, UT.
REX Real Estate
Full Review💲 Listing Fee
2.5% ($9,000 min.)
💰 Avg. Savings
-$325
⭐ Avg. Customer Rating
4.7/5 (1,041 reviews)
REX’s promise of huge savings is misleading. Its advertising misrepresents the significant risks of its pricing model and marketing approach. And its high minimum fees mean that many sellers won't save anything.
- REX's approach is incredibly risky — but if the gamble pays off, you could save about 50% on realtor fees
- Like other full-service brokerages, REX agents provide in-person services and support
- REX's 2.5% listing fee doesn't save you much — many full-price agents charge similar rates
- REX doesn't list your home on the MLS, so up to 90% of buyers may not even know it's for sale
- This risky marketing strategy seems likely to fail, so you may not save anything on commission
REX has a 4.7 out of 5 rating (1,041 reviews) across popular review sites like Google and Zillow.
REX is available in the following areas: AZ, CA, CO, FL, GA, MD, NV, NJ, OR, PA, TX, WA, DC.
» LEARN: How do discount real estate brokers offer lower fees?
The top flat fee MLS listing services in Nevada
Flat fee MLS services list your home on your local MLS for a low fee, often around $300–$4,000. The trade-off is that you'll have to handle almost the entire home-selling process yourself.
» MORE: What you need to know about flat fee MLS services.
Learn more
Nevada is a state on the rise, boasting a great quality of life and an economy that’s red hot. Though everyone knows about the Las Vegas tourism, gaming, and hospitality industries, the state also boasts thriving aerospace, energy, and mining industries.
Nevada home values have more than tripled over the past decade, making it one of the hottest markets in the U.S. While they’re quite a bit above the national average, a strong state economy and in-migration that’s several times the national average should keep demand very high. That being said, it’s worth noting that the state does have quite a bit of inventory. Still, Nevada looks like a great market to invest in, and sellers should feel great about skyrocketing home values.
If you want to save thousands of dollars of commission on your Nevada home sale, Clever can help. It pre-negotiates a low 1% commission rate, or a flat fee of $3,000, with top full-service agents in Nevada. Contact Clever today to find out how much you can save when you sell!
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.
Additionally, we utilized the following data from Zillow and Realtor.com:
- Home values, list prices, and sale prices: Based on Zillow data as of August 2022
- Sale prices and sale-to-list ratios: Based on Redfin data as of May 2022 (unless specified otherwise)
- Months of inventory: Based on Realtor.com data as of October 2022