Q&A: I understand that a new legal settlement may be enacted this summer related to brokerage commissions. It applies to sellers not having to pay a buyer side brokerage commission. Do commision expenses for sellers get cut in half because sellers no longer have to pay the buyer’s agent commission?
Amazing question here. It has been on the minds of many sellers and buyers, I assure you. I am fielding this question on a daily basis. Let me start by saying that commissions were never fixed at any rate. The reality is that in different parts of the country agents would ask for different commission rates,…