Wednesday, August 21, 2024

Will New Rules for Real Estate Commissions Lower the Cost of Selling a Home?

Couple in front of a large house for sale
Darren Baker / Shutterstock.com

Homebuyers face a changing housing market this weekend as major shifts to how real estate agents are paid take effect. The National Association of Realtors (NAR) groundbreaking new commission-sharing agreement will end the common practice of home sellers automatically covering the fees for real estate agents on both sides of the transaction. The new rules start on Saturday.



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