real estate commissions

A 'For Sale' sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Fla. The National Association of Realtors announced that it had reached a nationwide $418 settlement of claims that the industry had conspired to keep agent commissions high.

Economy

If you recently sold your home, you might get part of your realtor fee back

2:58pm March 22, 2024

by Scott Horsley

A settlement by the National Realtors Association promises to change the way real estate agents are compensated. It could spell an end to 6% commissions, which are higher than people pay elsewhere.

A "Sale Pending" sign is posted in front of a home for sale on Nov. 30, 2023, in San Anselmo, California. Real estate agents face lower commissions after a major settlement has upended the way Americans buy and sell homes.

Economy

A major settlement could spell an end to 6% real estate commissions

4:35pm March 15, 2024

by Scott Horsley

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.