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Real estate agents

The way real estate agents are paid could be changing. Here's how that could affect buyers and sellers.

by Matt Levin
Dec 12, 2023
Agents typically split the 5% to 6% commission when a home is sold. Rates could go lower in the wake of class-action litigation.
A wave of litigation targeting the costs to home sellers could shift the economics of real estate representation.
Mario Tama/Getty Images
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Why isn't there an Amazon for real estate?

by Kai Ryssdal and Sarah Leeson
Nov 8, 2023
Despite the world going digital, homebuying is still a highly analog process. James Rodriquez of Insider discusses the quest for a superapp.
While the initial house hunt can be done online, arranging inspections, figuring out escrow and other tasks tend to be done in person, on the phone and on paper.
Shaun Curry/AFP via Getty Images
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Thanks to a Missouri jury, the way we buy and sell homes may change

by Henry Epp
Nov 1, 2023
The jurors found that the National Association of Realtors and a couple of big brokerages conspired to inflate commissions.
Homebuyers could have more power to negotiate lower agent fees, said Susan Wachter of Wharton.
Mario Tama/Getty Images
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More homes are sitting in Cleveland's real estate market, this broker says

by Amy Scott and Anais Amin
Nov 10, 2022
"The average days on market has gone from less than a week up to about 89 days," says broker Amanda Pohlman of Keller Williams Living.
"The market just isn't as robust as it has been," said Cleveland-based broker Amanda Pohlman.
Joe Raedle/Getty Images
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As the real estate market cools, so does the market for agents

by Matt Levin
Jun 21, 2022
As home sales decline, the field is becoming more competitive.
Andrew Caballero-Reynolds/AFP via Getty Images
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