Real Estate Commission Changes July 2024

Real Estate Commission Changes July 2024. The total is usually 5% to 6% of the home price—with 2.5% to 3%. The national average has been about 5 percent of the home’s sale price, typically split down the middle with 2.5 percent going to the listing agent and the other 2.5 percent to the buyer’s.

Starting august 17, 2024, new. Big real estate brokerages have already paid a total of $208 million to settle these same claims by recent homesellers, who allege that nar created and enforced.