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lower agent commissionsABC News
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83% Informative
National Association of Realtors changes to U.S. real estate industry practices are set to take effect this weekend .
New rules apply to brokers and agents representing clients looking to buy or sell a home advertised on a multiple listing service.
Blanket offers of compensation on behalf of sellers to buyers’ agents will no longer be included in listings posted on the MLS , though they can still be made through other means.
The National Association of Realtors says sellers should continue to offer to cover the buyer's agent commission.
Buyer-agent commissions have eased somewhat this year , but the average commission paid to a buyer’s agent in dollar terms has risen about 1.7% since January to $ 15,377 .
VR Score
88
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