Housing Market: Lower Agent Fees Will Save $$$ for Sellers, Buyers

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By Rich and Kathy Fettke and Kathy Fettke. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Selling a home is about to get cheaper as the result of an antitrust lawsuit. Because of a settlement between the National Association of Realtors and the Department of Justice, the fees that sellers pay to buyers will be publicly displayed on listing pages. Redfin is already doing it in many markets, and other real estate websites are expected to follow suit in the coming months. That kind of transparency typically results in more competition and lower rates.

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