How to successfully negotiate real estate commissions

How to successfully negotiate real estate commissions

Thanks to a federal lawsuit that was recently settled, the way real estate commissions work will change in July 2024 (pending court approval). If you’re looking to save some money, here’s what you need to know about how commissions work, and how to agree on a rate that both you and your agent can feel good about.

Correcting the record: NAR does not set commissions

Correcting the record: NAR does not set commissions

Following recent inaccuracies in media coverage, including the false representation or suggestion that the National Association of Realtors® (NAR) requires a standard 6% commission, NAR has issued the following statement: CHICAGO (March 19) – The National Association...