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 ...
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 ...
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 ...
With the numbers showing a slight dip in commission percentages, one might assume the impact of the NAR settlement is minor. However, agents are discovering that the challenges are about more than ...
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 ...
Despite industry analysts’ predictions that real estate commission rates would fall following the settlement of lawsuits against the National Association of Realtors, a new study finds commission ...
The real-estate industry just went through a historic shift that will fundamentally change how agents are paid for helping people buy and sell homes. The new rules, which went into effect on Aug. 17, ...
According to a report from Clever Real Estate, the average real estate commission rate in the U.S. is 5.32%, which is split between the listing agent (2.74%) and the buyer’s agent (2.58%). The website ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
Last summer, a legal settlement resulted in new rules that were supposed to revolutionize the housing market in favor of sellers and buyers. The traditional 6% commission split between the buyer’s and ...