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 ...
PITTSBURGH (KDKA) -- It awaits final approval, but a change in the way commissions are charged in real estate transactions could upend who pays for what when buying a home. It's still too early to ...
Thanks to a recent court settlement, the real estate industry is teetering on the edge of a significant transformation. This change is poised to revolutionize how real estate commissions are handled, ...
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 ...
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 ...
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 ...
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 ...
In this do-it-yourself digital age, home sellers and buyers alike might wonder if they really need real estate agents — or, more precisely, if they need to pay agent fees. Just how crucial are these ...
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 ...
The question at stake was whether or not an NAR rule that requires home sellers to pay the fees of the agent representing the buyer – the standard 5% or 6% total commission on the final sales price ...
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 ...