If the real estate commission on a house is 6%, the listing agent won’t collect all of it. Instead, the listing agent and buyer’s agent will split the money. Each of them will likely take 3%.

On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers. Real estate commission rules change Saturday.

In real estate, FSBO (For Sale By Owner) sellers take the reins in marketing and selling their property. Learn the benefits and tips for navigating a successful FSBO transaction.

Real estate agent Russell Walsh checks out a Dana Point home during an open house on Thursday, Aug. 1, 2024. New rules for how agents get paid are scheduled to take effect on Aug. 13 in most of ...

But that will no longer be allowed as of this weekend, when various changes to U.S. real estate industry practices are set to take effect. Stream NBC4 newscasts for free right here, right now ...

And as everyone knows, real estate commissions tend to be very large, about $19,000 on the median priced house at the typical commission. The research bears out that supposition.

RELATED: Confusion reigns on eve of real estate commission changes Agents and consumers say, however, there still are many questions about how the nitty-gritty details of the settlement will apply ...

She did not hire a real estate agent, lining up a lawyer instead to do the closing, and she declined to pay a commission to the buyer’s agent — a standard practice of the industry which for ...