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 ...
Seismic changes are about to hit the real estate world. The National Association of Realtors is dropping its standard commissions to agents as part of a deal to end antitrust lawsuits, potentially ...
Since the National Association of Realtors‘ (NAR) commission lawsuit settlement took effect in August 2024, many real estate professionals have been asking, “Will our commissions change?” A new ...
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 ...
When Dana McMahan sold her home this spring, she decided to try to maximize her take-home profit by skipping out on the help of a full-service Realtor. Traditionally, home sellers in the US have been ...
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, ...
On Saturday, industry rules governing real estate agent commissions will change — a shift some experts say could ultimately lower costs for consumers buying and selling a home. However, the changes ...
The aftermath of the seismic NAR class-action lawsuit is still playing out in the housing industry. Real estate agent commissions haven’t fallen much since the recent spate of class-action lawsuit ...
Homebuyers are now required to sign a buyer-broker representation agreement before working with a real estate agent. Photo courtesy Getty Images. The process of selling a home significantly changed on ...
Police said two real estate agents received 10% commissions for land transfers that either did not require any work, or ...
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 ...