What is the future real estate commission structure likely to look like?
Radio Spot Broadcast via Texas State Networks on April 10, 2024Dr. Perryman dicusses the future of real estate commissions and the real estate market for buyers and sellers.
- Tags:
- commissions,
- real estate
Homebuying
Column Published in syndication April 03, 2024The National Association of Realtors (NAR) recently settled a major federal lawsuit. The primary issue was the compensation to buyers' real estate agents required for homes listed on NAR's multiple-listing services (MLS). While there was the potential for negotiation, most transactions tended to play out according to the default arrangement, with the buyers' and sellers' agents splitting a 6% commission.
- Tags:
- commissions,
- real estate