March 8, 2025 - 11:10
Since the implementation of new commission rules following a settlement in August, real estate agent commissions have shown little change, leaving many home buyers and sellers feeling the impact. The National Association of Realtors (NAR) settlement aimed to increase transparency and potentially lower costs associated with real estate transactions. However, data indicates that the anticipated reduction in commission fees has not materialized as expected.
Home buyers typically rely on agents to navigate the complex process of purchasing a home, while sellers depend on them to effectively market their properties. Despite the new regulations intended to promote competition and reduce costs, many agents continue to charge similar commission rates as before. This stagnation in commission pricing raises concerns among consumers who were hopeful that the changes would lead to more affordable real estate transactions.
As the market adapts to these new rules, it remains to be seen whether future adjustments will occur, or if consumers will continue to face the same commission structures that have long been a staple of the real estate industry.
September 17, 2025 - 07:19
Recent Real Estate Transactions in Sweet Home, Brownsville, and LebanonRecent real estate transactions in the Sweet Home, Brownsville, and Lebanon areas have been recorded with the county, showcasing a variety of properties sold in late August. The local market has...
September 16, 2025 - 20:05
Navigating the Complexities of Land Use Entitlements and Zoning in Real Estate DevelopmentReal estate development success hinges not only on financing, design, and construction but also on mastering the often-overlooked complexities of land use. Understanding land use entitlements and...
September 16, 2025 - 00:42
Recent Property Developments in Greater Baton RougeLast week marked significant activity in property transactions and permits in East Baton Rouge and Livingston parishes. In East Baton Rouge Parish, notable developments include the acquisition of a...
September 15, 2025 - 08:30
China's Economic Growth Stumbles as Retail Sales and Industrial Output DeclineIndustrial output growth in China experienced a slowdown, rising by only 5.2% in August, a decrease from the 5.7% increase recorded in July. This marks the weakest growth rate since August 2024,...