What is the realtor commission when selling a house, and why does it feel like paying two commissions?

There is no fixed or standard commission rate. Everything is negotiable, and since the 2024 settlement changes, the listing side and the buyer side are negotiated separately. As a seller, the compensation you actually negotiate is with your own listing agent, and it is fully negotiable. No predetermined buyer's-agent fee is baked into that agreement. Buyer representation is now negotiated separately, in a written agreement between the buyer and their agent, and what a seller is willing to contribute toward a buyer's agent is its own negotiation rather than an automatic line item. In practice, many sellers still choose to offer some compensation toward buyer representation, because they see the offer helping their sale attract more buyers. That is a choice, and the amount varies deal to deal. So the feeling of paying two commissions really comes from one negotiated agreement on the listing side, with buyer-side compensation handled separately and openly. On the buyer's side, an agreement may state a fee, but buyers often do not pay that full amount out of pocket, since compensation gets negotiated across the transaction and agents sometimes absorb a gap when a seller contributes less. Get the specific numbers in writing before you sign anything. Ask your listing agent to walk you through exactly what you are agreeing to pay and under what conditions.