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-0.000203045685279147 -0.000609137055837587 -0.00101522842639588 -0.00111675126903553 0.000812182741116734 0.00385786802030467 0.00385786802030467 0.00345177664974623
Stock impact report

What high-profile commission changes mean for homebuyers and sellers [Yahoo! Finance]

Home BancShares, Inc. (HOMB) 
Last home bancshares, inc. earnings: 4/16 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: homebancshares.com/investor-relations
Company Research Source: Yahoo! Finance
Now, consumers face a deluge of conflicting predictions. One narrative predicts a coming utopia for homebuyers: A price war will erupt, and commissions will plunge amid a new wave of competition among buyers' agents. A competing narrative goes in the opposite direction: Under the new commission structure , buyers will realize they're on the hook for thousands and decide not to use agents at all. NAR, meanwhile, has portrayed the changes as minor tweaks rather than a major shift. The competing narratives underscore just how complex Realtor compensation is — and how much more complex it may soon get. Here's a look at the new commission structure and what it could mean for both homebuyers and sellers. How real estate commissions work Traditionally, when a home seller hires a real estate agent to represent their listing, the seller agrees to pay a commission. The national average is about 5 percent of the home's sale price, with 2.5 percent going to the listing agent and the other Show less Read more
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