As part of a settlement Friday in a landmark antitrust lawsuit, the National Association of Realtors has agreed to eliminate rules on commissions, meaning buyers and sellers would be able to negotiate fees with realtors. Mar 15, 2024 00:30 Realtor group agrees to cut commissions. Here's...
Opendoor makes its money by reselling the home at a higher price and by tacking on a fee, paid by sellers, between 6 and 13 percent (Realtor fees usually are 6 percent). Wu built the proof of concept for Opendoor in 2013 with help from his mentor, former Khosla Ventures managing directo...
Realtor group agrees to cut commissions. Here's the financial impact. The landmark deal, which goes into effect Saturday, could cause real estate fees to drop by as much as 30%, experts say. Aug 16, 2024 Home sales slowed to a crawl in 2023. Here's why. ...