Treating broker commissions in terms of percentages rather than dollars leads many sellers and buyers to overlook the cost of a house. Getty Images/iStockphoto Which would you rather pay a real estate ...
Daily, my inbox contains another article regurgitating the same tired rhetoric about the real estate lawsuits and the (proposed) settlements. Invariably, these same articles classify all real estate ...
Real estate agents don’t earn a salary. Instead, they generally make money through commissions, getting paid only when a deal closes. This means they can work with a client for months without ...
QWe engaged a real estate broker to sell our house. The listing agreement obligated us to pay a 5 percent commission based on the sales price. The broker found a buyer, but to get him to sign the ...
Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller will cover the cost of your agent’s commission. Home sellers have traditionally ...
How much is a real estate agent commission—and who actually pays it? These are common questions among homebuyers and sellers navigating a real estate transaction, and the answers have changed recently ...
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission, with ...
The National Association of Realtors (NAR) agreed to new rules around real estate agent commissions as part of a landmark lawsuit settlement in March 2024. The new rules rolled out in August — along ...
In March 2024, after the National Association of Realtors (NAR) agreed to a landmark $418 million class action settlement, home sellers expected they would soon pay far less in real estate commissions ...
Editor's note: The original version of this article contained incorrect information. Veterans who obtain VA home loans now have the option to pay broker commission ...
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