Worried About Your Commission? Learn to Show Your Value
Buyer’s agent compensation offers seem set to disappear from your local multiple listings service by this summer. And the effects will be wide-ranging.
Setting the Record Straight on the NAR Settlement
The reporting on the recent $418 million settlement with the National Association of Realtors and several large national brokerage companies has been so atrocious that I must jump in.
You Rarely Know All Your Agent Does
Good real estate agents go to great lengths to bring a deal to fruition. And much of what they do is behind the scenes, so you’ll never see it. And you think they don’t earn their commissions?
Brokers, Agents Urged to Act After Commission Lawsuit Settlement
A major national real estate consultancy is urging brokers and listing agents to act quickly to update their policies and marketing materials following a settlement in a class-action lawsuit over buyer-agent commissions.
Agent Commissions Slid Down Last Year
The hot housing market is claiming another casualty: buyer’s agent commission.
Report Calls for End of Commission ‘Price Setting’
Real estate commission rates are just one step below fixed, according to a new report from the Consumer Federation of America. And rising home prices are handing ammunition to those who say that has to change.
Feds Promise Bigger Investigation into NAR Rules
The federal Department of Justice says it’s abandoning a proposed settlement and its civil antitrust complaint against the National Association of Realtors. But it’s not letting the group off the hook.
Redfin Starts Listing All Buyer’s Agent Commissions
In a move it’s billing as a boon to consumers, Redfin announced Monday that it’s publishing buyer’s agent commissions on over 700,000 home listings across the country, including in Connecticut.
Real Estate Commissions Drop To Low 5 Percent Range
The average commission rate paid on American home sale transactions continues to decline and could dip below 5 percent within the next few years.
