Question: How much should you pay a real estate agent? This is in California, where houses cost (believe it or not) like $800K+. A "standard" 6% commission would be $50,000,which seems totally excessive. So what should I offer when negotiating a rate with an agent?

Answer: Everything is negotiable.\n\nBear in mind, a GOOD agent will make the money (and more) back for you.  1% difference in commission is about $8000.  If you have a good negotiator working for you, you'll probably easily make more than the $8000 difference.  \n\nI offer commission breaks when I know I'm doing more than one 'side'.  That is, if you will let me help you find your next place, I'll cut my selling commission to you by 1%.  It's just good business.\n\nBut interestingly enough, I don't have to discount my commission very often.  The reason is because I have a full blown marketing campaign that covers ALL the bases.  If you're going to pay for a full commisssion, it should be because you're getting full service.  If you're in a very hot market, then find a discounter who will put it in the MLS.  DFW Texas isn't white hot like some parts of the country, and it actually takes a little work to get it sold.\n\nSo really it comes down to your market.  \n\nOne other negotiating tip:  Don't "offer" an agent.  Have them "offer" you.  Some of them will likely roll over on you and give you a heavily discounted rate.  Beware the ones who discount too much, too fast.  If they can't negotiate worth a darn with you, how are they going to do when a buyer's agent like me comes along!  :)\n\nGood luck.
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