There’s been a shift in real estate commissions, but will it drive affordability? – Deseret News
When the National Association of Realtors settled a $418 million payment earlier this month, it sparked hope that at least a fragment of costs would go down in the already unaffordable real estate world. Still, Toby Schifsky, vice president of real estate education at Kaplan, told the Deseret News that sellers shouldn’t be holding their breath on that hope.
“The National Association of Realtors’ decision last week to radically change the way that commissions for buyer agents work is going to have a significant impact on the marketplace. Home prices may very well go down, but that doesn’t necessarily mean