Reported 1 day ago
The anticipated changes to real estate commission rules following the National Association of Realtors (NAR) settlement have not led to significant reductions in costs for home buyers and sellers. With the first spring homebuying season since the rule changes approaching, experts note that commission rates remain largely unchanged, and the trends observed are not likely to provide the price relief hoped for. Despite increased transparency in negotiations, many agents report that commissions are still similar to pre-settlement averages, leaving both buyers and sellers frustrated with limited alternatives.
Source: YAHOO