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  2. Low-commission Realtors and discount agents: What’s ... - AOL

    www.aol.com/finance/low-commission-realtors...

    Key takeaways. Low-commission Realtors charge less than traditional agents, potentially saving home sellers thousands. The typical agent commission is between 2.5 and 3 percent of a home’s sale ...

  3. Why Zillow is worried about America’s housing market shakeup

    www.aol.com/why-zillow-worried-america-housing...

    Shares of Zillow have dropped nearly 20% since Thursday as investors feared that lower commission rates for agents could lead to less business for the real estate platform.

  4. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    Average real estate commissions by state. Overall, the national average Realtor commission in 2023 was 5.49 percent, according to data from Clever. In all but a few states, the average commission ...

  5. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    In the United States, the term realtor is trademarked by the National Association of Realtors, which uses it to refer to its active members, who may be real estate agents or brokers. [ 16 ] [ 17 ] [ 18 ] In Canada, the trademark is used by members of the Canadian Real Estate Association . [ 19 ]

  6. Flat-fee MLS - Wikipedia

    en.wikipedia.org/wiki/Flat-fee_MLS

    While the DOJ and FTC monitor and challenge real estate laws or changes to law perceived as anti-competitive in all States, this Press Release from April 2005 is an example of their effort: "The Department of Justice and the Federal Trade Commission (FTC) issued a joint letter urging the state-created Texas Real Estate Commission to reject a ...

  7. Burnett v. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/Burnett_v._National...

    Fees paid to Realtors during home sales in the United States average around 6% of the sale price, a percentage considered exceptionally high compared to rates in other developed countries such as Australia, Canada, and the United Kingdom. [3] [4] [5] Industry research shows that Americans pay $100 billion in commissions to real estate agents ...

  8. Realtor commission changes are here: What they mean for ... - AOL

    www.aol.com/finance/high-profile-commission...

    Many in the real estate industry worry that first-time homebuyers — those who need expert guidance the most, and who are already severely hampered by high prices and high mortgage rates — will ...

  9. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

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