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2. How do real estate agent fees and commissions work? - AOL

   www.aol.com/finance/real-estate-agent-fees...

   Traditionally, sellers have been the ones who covered real estate agent commissions — both for their own agent and for the buyer’s. That changed on August 17, 2024, as a result of the NAR ...

3. New real estate commission rules kicking in: What should ...

   www.aol.com/real-estate-commission-rules-kicking...

   The real estate industry is rolling out new rules for paying buyers' and sellers' agents beginning Aug. 17 in a move that advocates say could lower overall commissions, but also put pressure on ...

4. Big changes to how you buy and sell a home go into effect ...

   www.aol.com/big-changes-buy-sell-home-070002756.html

   The second change affects the relationship between prospective home buyers and their real estate agents. Buyers must now sign a legally binding representation agreement with their agent before ...

5. Buyer brokerage - Wikipedia

   en.wikipedia.org/wiki/Buyer_brokerage

   A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.

6. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

7. Burnett v. National Association of Realtors - Wikipedia

   en.wikipedia.org/wiki/Burnett_v._National...

   Seller's agents are no longer required to offer compensation to buyer's agents when listing a home for sale on a Realtor-owned multiple listing service. In addition, Realtors acting as buyer's agents must enter into contracts with buyers before touring any homes, allowing buyers to negotiate how much they will pay their buyer's agent. [19] [20]