Treating broker commissions in terms of percentages rather than dollars leads many sellers and buyers to overlook the cost of a house. Getty Images/iStockphoto Which would you rather pay a real estate ...
Daily, my inbox contains another article regurgitating the same tired rhetoric about the real estate lawsuits and the (proposed) settlements. Invariably, these same articles classify all real estate ...
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 ...
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 ...
QWe engaged a real estate broker to sell our house. The listing agreement obligated us to pay a 5 percent commission based on the sales price. The broker found a buyer, but to get him to sign the ...
Real estate agents earn a commission when a transaction closes, typically ranging from 2.5 to 3 percent of the home’s sale price. Each agent’s rate — and who pays it, buyer or seller — is negotiated ...
One year after a settlement, sellers and buyers alike say that some agents are using loopholes to resist change. By Debra Kamin Kirk Downing knows the ins and outs of selling a home: His is a military ...
Seven Ways Seven Days Gets You Through the Week: Trustworthy local reporting. Piping‑hot food news. Thoughtful obituaries. Must‑do events. Stuck in Vermont videos. Eye‑opening personals. All the fun ...
The real-estate industry just went through a historic shift that will fundamentally change how agents are paid for helping people buy and sell homes. The new rules, which went into effect on Aug. 17, ...
Editor's note: The original version of this article contained incorrect information. Veterans who obtain VA home loans now have the option to pay broker commission ...
Last summer, a legal settlement resulted in new rules that were supposed to revolutionize the housing market in favor of sellers and buyers. The traditional 6% commission split between the buyer’s and ...
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