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How Commission Settlement With Realtors Could Change Homebuying

A lawsuit settlement could have a big impact on what real estate agents do and how much they’re paid for it, while lowering the fees charged to buyers and sellers in the homebuying process, experts say. ....

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Lawsuits may redefine Realtor fees, forcing lenders to adapt

Lawsuits may redefine Realtor fees, forcing lenders to adapt
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Opinion: ICE/Black Knight monopoly could stifle competition

ICE is the LOS provider forr about 50% of the mortgage market, while Black Knight accounts for roughly 65% of the mortgage servicing space. ....

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Commissioned Study Shows That 'Decoupling' Agent Commission Is a Bad Bet for Consumers — RISMedia

Experts state that a buyer-paid commission structure would result in reduced homeownership opportunities for cash-constrained families and lower net proceeds for many sellers. ....

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Real estate commission change may hurt borrowers, brokerage argues

Switching to a system in which the buyer pays an agent’s fee out of pocket would be most damaging to minorities and first-time home buyers, who could have more difficulty in qualifying for a loan, the HomeServices of America paper said. ....

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