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 ...
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 ...
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 ...
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 ...
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission, with ...
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 ...
Vicky Phillips is selling her Westford home without a Realtor. Credit: James Buck Before she put her Westford home on the market, Vicky Phillips did some math. With the four-bedroom home priced at ...
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