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June 5, 2024

Winners and losers of the new real estate commission system

Going forward, sellers will pay only their listing agent, while buyers will pay their agent out of pocket. In the face of high home prices and mortgage rates, experts expect some buyers to forgo an agent entirely — or use a discount broker. It’s unclear how this will affect home prices or the number of home sales. What is clear is that some will benefit from this new commission landscape, while others could be at a disadvantage.

Read more at Idaho Business Review

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