How real estate commission changes could make buying and selling a home cheaper

Selling Real Estate
Buying and selling a home could get cheaper after the National Association of Realtors agreed to resolve a lawsuit and rewrite several rules that regulate how commissions are set, advertised and paid. Currently, a person selling their house pays a commission of 5 or 6 percent of the purchase price to agents. John Yang discussed more with New York Times real estate reporter Debra Kamin.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe

Products You May Like

Articles You May Like

Here’s what happens if Fannie Mae and Freddie Mac go private
Woman reveals how property was stolen in identity theft real estate scam with ties to international crime ring
Weekly mortgage demand drops 6%, as homebuyers remain ‘on the fence’
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
Here’s how much it can cost for one person to live in 12 major cities globally in 2025

Leave a Reply

Your email address will not be published. Required fields are marked *