Goodbye to the Traditional 6% Commission: Realtors Association Announces Seismic Settlement

Friday, 15 March 2024, 16:16

In a groundbreaking move, the Realtors association has abolished the long-standing 6% commission on home purchases. This seismic settlement marks a significant shift in the real estate industry, benefiting buyers and sellers alike. The elimination of the 6% commission is expected to bring about greater transparency and cost savings in residential transactions, signaling a new era in home buying and selling practices.
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Goodbye to the Traditional 6% Commission: Realtors Association Announces Seismic Settlement

The Realtors association makes a historic decision

The 6% commission, a long-standing tradition in home transactions, is now a thing of the past.

Key Points:

  • No more 6% commission
  • Benefits for buyers and sellers
  • Increased transparency and cost savings

This seismic settlement by the Realtors association heralds a new era in the real estate market, with the removal of the 6% commission paving the way for more equitable transactions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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