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The seller’s agent commonly shared roughly half of that commission with the buyer's agent. ... Click here for real estate and housing market news, reports, and analysis to inform your investing ...
(The Center Square) – Despite a recent lawsuit affecting real estate commissions, a new survey shows home sellers still prefer hiring a real estate agent for the transaction. In the settlement ...
By selling her home without a full-service Realtor, McMahan, who enjoys fixing up and reselling old homes, pocketed some extra cash: Rather than paying 2% or 3% of her home’s final sale price to ...
How real estate commissions are changing: A ‘price war’? As of August 17, home sellers are no longer automatically responsible for paying both their own agent and the buyer’s agent.
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A 2005 study [2] of real estate commission rates, reported that realtors tended to charge, "about 5 percent to 7 percent of a property's selling price...". More recently, CBS News, "60 Minutes" television news magazine reported in 2007 that competitive pressure resulting from a record number of licensed agents has driven down the average sales ...
The long tradition of home sellers footing the commissions of their buyers’ real estate agents may soon be a thing of the past. A recent multibillion-dollar class-action verdict in Missouri ...
In January 2017, REA Group acquired 14.7% of digital real estate marketing platform, Elara Technologies (Elara). [12] In June 2018, the company acquired 100% of Hometrack Australia, [13] a provider of property data services to the financial sector. In 2020, the company earned A$820.3 million in FY20 revenue. [14]