More than a year has passed since several New York City-based brokerages and trade groups settled a wave of antitrust lawsuits over broker commissions, and predictions about the hit on commission rates have so far not come true.
The average commission charged by agents in New York is roughly 5.7 percent of the purchase price, which works out to 2.9 percent for the listing broker and 2.8 percent for the buyer’s agent, according to a survey published by Clever last month.
The rate in the Empire State was on par with the national average, which was higher than the 5.4 percent reported in 2025 and 5.3 percent in 2024…