Bella Rosa Realty

10/13/2025

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07/09/2025

04/16/2025

Happy Easter from Rosemary and Carol at Bella Rosa Realty!

03/10/2025

20 years ago…

A little reminder of 20+ years ago!

03/10/2025

A little reminder of 20+ years ago!

11/22/2024

Post-Settlement, Buyer Agent Commissions Remain Unchanged
November 20, 2024 Mike DelPrete

All eyes are on buyer agent commissions after the NAR lawsuit settlement – which, so far, have remained unchanged.

Why it matters: The commission settlement changed the mechanics of buyer agency, giving consumers more choice with agents competing on value; the buyer agent commission is a reflection of that value.

This data is from the nation’s largest brokerages and represents about 55,000 closed transactions per month – or about 17 percent of the market.

Dig deeper: There has been no change in average buyer agent commissions since the settlement took effect in August 2024.

Historically, buyer agent commissions fluctuate based on a variety of factors including overall market conditions and seasonality.


For reference, the 0.06% annual decrease in the chart above equates to $245 on a median-priced, $409,000 home.


This data is national and figures will vary by market; the specific number is less important than the vector of change over time.

The bottom line: A big part of the commission lawsuits was about consumer choice; replacing a default path with more transparency and more choice around buyer agent compensation.

The evidence to-date doesn’t support the hype around this being a seismic shift in the industry – consumers still value a buyer agent the same as before.


It’s still early days and things may change in the future, but this is an important benchmark to set and an important foundational change for the industry.

About the author: Mike DelPrete (email me)
Mike is a global real estate tech strategist, and a scholar-in-residence at the University of Colorado Boulder. He is internationally recognized as an expert and thought-leader in real estate tech. His evidence-based analysis is widely read by global leaders, and he is a sought-after strategy and new ventures consultant. His research and insights have featured in the New York Times, Wall Street Journal, Financial Times, and The Economis

11/22/2024

After the "bombshell" NAR settlement. So far, buyside commissions have barely budged. Much ado about nothing? Or will it just take longer to see the impact? [Mike DelPrete]

11/22/2024

https://www.nar.realtor/the-facts/consumer-guide-steps-between-signing-and-closing-on-a-home?grp=residential&narmail=(STO)%20EdgeUp-DataFeedTemplate&date=11-21-2024&user=451619&itid=11726886

Once you sign a purchase agreement on your new home, there are still several steps to complete before you can finalize—or “close”—the transaction.