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 ...
For a long time, buying and selling a home in the U.S. generally went like this: The seller would pay a commission that would be split by the buyer's and seller's agents, often totaling 5% to 6% of ...
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 ...
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 ...
Homebuyers are now required to sign a buyer-broker representation agreement before working with a real estate agent. Photo courtesy Getty Images. The process of selling a home significantly changed on ...
Realtors across the U.S. are bracing for a seismic shift in the way they do business. Starting Aug. 17, new rules will roll out that overhaul the way Realtors get paid to help people buy and sell ...
MIAMI — Real estate agents and brokers will have new rules starting Saturday as part of the National Association of Realtors’ $418 million settlement. The seller of the real estate property used to ...
The aftermath of the seismic NAR class-action lawsuit is still playing out in the housing industry. Real estate agent commissions haven’t fallen much since the recent spate of class-action lawsuit ...
Real estate agent commissions have held steady since August, but there’s a divergence at different price points. That’s the conclusion of new data from Redfin, which shows that the average commission ...
The complex process of buying or selling *** home in the US is about to drastically change. In late 2023 *** federal jury awarded *** group of Missouri home sellers who are frustrated with high ...