Real Estate Commission Rates In Belize

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–Jim R., United States

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***“Kathleen, I have property in Belize. Raw land in a gated community. I have decided to place my lots up for sale and am inquiring as to what the acceptable or standard commission would be for a real estate agent involved with the transaction. This may seem an odd question, but I’m just not sure who else to ask for a reliable number.”

–Richard D., United States

The typical real estate commission in Belize is 10%, but you should be able to negotiate a better rate depending on the property and the price. For example, if you’re selling a US$70,000 house, the commission would likely be 10% with no discussion. However, if you’re selling a US$500,000 house, you should be able to negotiate the rate down. I’d say that the smallest commission you could expect to negotiate would be 5%.

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