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 ...
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 ...
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 ...
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 ...
Last month, we signed a six-month listing agreement with a real estate broker to sell our home. When our son found out that we were selling our home, he immediately said he would buy it. He now has ...
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 ...