Rules reboot for realtors: commission changes could shake up the market

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Realtors News

Commissions,Rules,Buyers

New rules for how realtors are compensated go into effect this week, and could make a difference for anyone looking to buy or sell a home.

President Joe Biden announces new medical facility grants to help prevent and treat cancer as part of his "moonshot" program.

Historically, home sellers have been charged 5-6% of the price of a home with that money split between the seller's agent and the buyer's agent.Now, a key change means buyers' agents need to negotiate compensation upfront before even showing a single home.

 

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