KNTV NBC July 4, 2024
Instead of home sellers being locked into a brokerage fee, which usually is around 6 , buyers and sellers could negotiate lower fees, effectively lowering the overall cost of buying a home. It makes it more complicated for everyone. Reporter she plans to continue telling sellers about the value of providing a commission. The realtors we spoke with said they were aware this could be coming soon but many of them are in meetings and talking with their trade associations about how exactly to proceed going forward. Housing experts we spoke with believed the Fee Structure change could mean thousands...