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 ...
LOS ANGELES (AP) — Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller will cover the cost of your agent’s commission. Home sellers have ...
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 ...
SEATTLE--(BUSINESS WIRE)--The average U.S. buyer’s agent commission was 2.43% for homes sold in the second quarter, up from 2.38% a year earlier. That’s according to a new report from Redfin, the real ...
This summary is reviewed by TRD Staff. A recent Redfin study indicates that nationwide buyer agent commissions remained largely unchanged at 2.43 percent in the second quarter, one year after NAR’s ...
When Eric Itakura listed his Mountain View condo last year, he hoped to save some money on commissions. The rules over how agents’ fees are set had recently been rewritten as part of a landmark ...
In March 2024, after the National Association of Realtors (NAR) agreed to a landmark $418 million class action settlement, home sellers expected they would soon pay far less in real estate commissions ...