A new Assembly bill clarifies that New Jersey real estate salespersons and broker-salespersons can route commissions through their own limited ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The changes triggered by the ...
A new set of real estate regulations aimed at creating a more transparent and buyer-friendly market are officially in effect nationwide as of Aug. 17. These regulations have been in place for New ...
When you work with a real estate agent to buy or sell a house, naturally, they’ll get paid for their services. But just how much do they get paid — and who pays them? That can vary depending on your ...
New rules for the residential real estate market mean that anyone in the market to buy or sell a home will encounter unfamiliar processes, and possibly a bit of confusion. The “practice changes” stem ...
Despite industry analysts’ predictions that real estate commission rates would fall following the settlement of lawsuits against the National Association of Realtors, a new study finds commission ...
Real estate agents don’t earn a salary. Instead, they generally make money through commissions, getting paid only when a deal closes. This means they can work with a client for months without ...
Real estate agents earn a commission when a transaction closes, typically ranging from 2.5 to 3 percent of the home’s sale price. Each agent’s rate — and who pays it, buyer or seller — is negotiated ...
With the numbers showing a slight dip in commission percentages, one might assume the impact of the NAR settlement is minor. However, agents are discovering that the challenges are about more than ...
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission, with ...
Last summer, a legal settlement resulted in new rules that were supposed to revolutionize the housing market in favor of sellers and buyers. The traditional 6% commission split between the buyer’s and ...
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