When it comes to real estate commission in Harbour Island, Bahamas, the structure is relatively standardized. For the sale of developed property, the typical commission is 6% of the gross sales price. For undeveloped land, the standard commission increases to 10%. In both cases, it is customary for the seller to pay the commission, not the buyer.

That said, while these commission rates are considered industry standard, they can be negotiated at the time of listing. Especially in real estate Harbour Island transactions involving high-value properties or when the market is particularly active, sellers may have more leverage to agree on reduced rates with their listing agents.

Buyers generally remain indifferent to commission levels, since they are not directly responsible for this cost. However, sellers should consider market dynamics carefully. In a strong real estate Harbour Island market—where demand is high and inventory is low—agents may be less willing to negotiate. Conversely, in a slower market or with a high-value property, sellers may successfully negotiate more favorable terms.

Ultimately, real estate commission in Harbour Island, Bahamas is influenced by both market conditions and the nature of the property, making it important for sellers to consult with an experienced local agent before listing.