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17 sie 2024 · Forcing buyers’ agents to set their fees at the beginning of the process could have a larger impact. All other things equal, a buyer who offers $500,000 and asks the seller to rebate 2% for commission costs will be more appealing than one who makes the same bid but asks for a 3% concession.
22 sie 2024 · The National Association of Realtors and multiple listing service (MLS) have implemented new rules about how real estate agents communicate about real estate fees. The changes provide greater transparency and competition around fees—goals that Redfin has always supported.
19 mar 2024 · The cost of hiring a real estate agent to buy or sell a home may soon change, along with decades-old rules that have helped determine broker commissions. The policy changes could help spur price competition for agents’ services and lower the cost for sellers who typically now cover the commission costs for the buyer’s agent, as well as ...
19 mar 2024 · The key potential change centers on who foots the bill for real estate agents who represent homebuyers. Currently, an agent or broker representing a home seller typically splits a commission —...
18 mar 2024 · The cost of hiring a real estate agent to buy or sell a home may soon change, along with decades-old rules that have helped determine broker commissions. The policy changes could help...
15 mar 2024 · The changes could mean buyers will save on commissions, eventually bringing U.S. fees more in line with the much lower transaction costs seen in other residential property markets around the...
17 sie 2024 · The “practice changes” stem from a 2023 legal decision over the way real estate agents were compensated. Traditionally, when a home was sold, a commission of roughly 5% to 6% was paid by...
