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Buyers still expect sellers to cover agent compensation

Housing Wire

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. While it appears that most sellers are still offering some level of compensation, 12% of agents reported they were still unsure of what the emerging trend will be. 30 and Sept.

Sellers 508
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Here’s what buyers and sellers want from their real estate agent

Housing Wire

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. Help negotiating with buyers registered at just 13%.

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How will listing agents share seller offers of buyer broker compensation off the MLS?

Housing Wire

In less than two weeks , offers of compensation for buyers’ brokers will no longer be permitted on any MLS in the U.S, eXp Realty recently released forms that make it clear it is firmly up to the seller to decide whether or not they will offer buyer broker compensation.

Sellers 448
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eXp Realty’s forms leave the choice to offer buyer broker compensation to sellers: Pareja

Housing Wire

When it comes to handling compensation eXp Realty is not mincing its words — it is not sharing its listing fee with the buyer’s broker. However, the firm says this does not mean it is unwilling to work with buyer’s brokers. But it will be their sellers who make the decision on an offer of compensation to a buyer broker.

Sellers 436
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GSEs will not count buyer agent commissions as IPCs

Housing Wire

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. Moving forward, the GSEs say that if these fees continue to be “customarily paid by the property seller according to local convention, they will not be subject to financing concessions limits.”

Buyers 532
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Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip 

Appraisal Buzz

The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip appeared first on Appraisal Buzz. With a growth rate of 21.4%

Sellers 418
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More home sellers are withdrawing listings

Housing Wire

We’re also seeing more home sellers withdrawing their listings to try again next year. Let’s look at how these dynamics will impact home sales , prices, and buyer opportunities for the rest of the year and into the first quarter. Sellers may try the market, not find any takers and then decide not to sell.

Sellers 465