What Is The Standard Commission Charged in Colorado
There is no established or required rate of commission charged by licensees for the performance of activities requiring a license. Commission rates are negotiable. However, a broker is not required to negotiate. The broker may have established his own rate of commission and chooses not to deviate from that figure. Commission rates do tend to vary depending on the type of property offered for sale. For example, the rate charged for a residential property may be less than that charged for vacant ground. The length of time a property may be on the market and the cost of advertising are just two of the factors brokers consider when setting individual commission schedules
The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.
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