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18 wrz 2024 · Two key updates have reshaped commission rules. First, buyers now need to agree to their agent’s fee in writing before touring homes. Additionally, in many markets, buyer agent compensation is no longer displayed on MLS listings. Learn more about the real estate commission changes here.
15 mar 2024 · As part of an agreement to settle a series of lawsuits over inflated real estate commissions, the National Association of Realtors said Friday that big changes are on the way. The group said it...
1 sie 2024 · The Real Estate Consumer Protection Enhancement Act, which is meant to create a more transparent and buyer-friendly housing market, officially went into effect in New Jersey Aug. 1, resulting...
14 sie 2024 · How much is real estate commission in New Jersey? On average, sellers pay 5.07% in total realtor fees in New Jersey, compared with the national average of 5.32%. We contacted agents in New Jersey to learn more about the average commission in the state.
17 sie 2024 · Changes in how real estate commissions are advertised and paid went into effect this weekend. Buyers and even some agents aren’t sure what they mean.
30 sie 2024 · In July Gov. Phil Murphy signed the Real Estate Consumer Protection Enhancement Act. This law protects consumers participating in residential and commercial real estate transactions.
The REC issues licenses to real estate brokers and salespersons, real estate schools, and course instructors, as well as establishes standards of practice for the real estate brokerage profession. It also regulates and registers out-of-state sales through New Jersey brokers.
