No. There is no such thing as an industry-standard commission rate. Sellers decide what fee they are willing to pay for their broker’s services and how much that listing broker should offer a broker who brings a buyer to close the transaction. Compensation is always negotiable, and consumers are encouraged to talk to their broker to understand and agree upon how they expect to be compensated.
In my marketing and when talking to prospective clients, I say that I charge the standard commission for my city. Is that OK?