Commission Rates At Lowest Point Since 2017

February 10, 2022 Kyle G. Horst

According to a new study by Redfin, the usual commission rate paid to brokerages is at its lowest point in four years with the average percentage falling to 2.63% by the end of November 2020.  This number is down from 2.69% a year earlier which represents the lowest rate seen since 2017.  The study went ...

The post Commission Rates At Lowest Point Since 2017 appeared first on theMReport.com.

Previous Article
The Week Ahead: Addressing Supply Chain Issues in Home Construction
The Week Ahead: Addressing Supply Chain Issues in Home Construction

An upcoming Five Star Institute-hosted webinar presents a panel of capital and risk management service prov...

Next Article
Affordability Worsens as Prices and Rates Climb
Affordability Worsens as Prices and Rates Climb

First-time buyers spent an average of 25.6% of their household income on mortgage payments, making a home p...