Feeviews.com How 2024 Real Estate Commission Changes Are Reshaping the Home-Selling Process
A federal court settlement finalized in November 2024 as reported by the New York Times has upended how residential real estate commissions are structured in the U.S. The ruling, which stems from a $1.8 billion antitrust verdict against the National Association of Realtors (NAR), eliminates long-standing rules that required sellers to offer commission payments to buyer agents through the Multiple Listing Service (MLS). The shift is expected to alter pricing dynamics, agent behavior, and the way sellers approach listing agreements and negotiations. While some effects are already visible, others will take time to materialize. A Legal Settlement with Industry-Wide Reach […]