Home United States USA — Science A major settlement could spell an end to 6% realtor commissions

A major settlement could spell an end to 6% realtor commissions

116
0
SHARE

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.
The National Association of Realtors has reached a nationwide settlement that could change the way real estate agents are compensated. Critics say the current system artificially inflates agents’ commissions.
For years, sellers have effectively set the commission paid to buyers’ agents as a condition of using the multiple listing service — a regional roundup of homes for sale.

Continue reading...