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Redfin Predicts It Will Become Less Expensive to Sell Your Home as Real Estate Commissions Become More Transparent


Redfin Predicts It Will Become Less Expensive to Sell Your Home as Real Estate Commissions Become More Transparent
The average fee paid to buyers agents was 2.7% in 2020;
Real estate commissions are expected to decline as a federal legal battle ushers in a new era of transparency around real estate commissions
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www.redfin.com), the technology-powered real estate brokerage, published an
in-depth analysis on real estate commissions, giving consumers access to data that has historically been unavailable to them. Redfin s analysis found the typical U.S. home seller in 2020 paid the brokerage representing the buyer a commission equal to 2.7% of the sale price down only slightly from 2.8% in 2012. ....

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