In the latest industry news, buyer’s agent commissions for homes listed under $500,000 have seen a slight increase, rising from an average of 2.41% in August to 2.43% in October. This change comes in the wake of a recent NAR rule change, yet overall, buyer’s agent commissions have remained mostly unaffected.
Key points from the article include:
– Buyer’s agent commissions for lower-priced homes have shown a marginal uptick
– The average commission percentage for buyer’s agents now stands at 2.43%
– Despite the NAR rule change, the impact on buyer’s agent commissions has been minimal
– For more detailed information, the original article can be found on Weekly Real Estate News.
You can read this full article at: https://wrenews.com/redfin-buyers-agent-commissions-mostly-unaffected-since-nar-rule-change/
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