Which aspect of property sales is affected by the customary commission percentage?

The customary commission percentage directly impacts the profitability for real estate agencies, as it represents a significant portion of their revenue model. When properties are sold, the commission is typically calculated as a percentage of the final sale price, which means that a higher sale price translates to a higher commission for the agency. This relationship highlights the importance of the commission structure in maintaining the financial health of real estate firms.

Profitability is also a concern because real estate agencies incur various operational costs, including marketing expenses and overhead. A consistent commission percentage allows agencies to project their income and manage their budgets effectively, thereby influencing their decision-making regarding which properties to list and how to allocate resources.

In contrast, the number of agents involved in a sale, the duration a property stays listed, and the appraisal value of the property are influenced by a variety of market factors and individual circumstances, rather than being directly dictated by the commission percentage.