Real Estate Cnbc-tv18: Live Updates, Newest News, Breaking News, World News, Sports Activities News, Bollywood News, Enterprise, Leisure, Tech, Political News And More Cnbc-tv18
For years, sellers have effectively set the fee paid to patrons’ brokers as a condition of using a a number of itemizing service — a regional roundup of properties on the market. The combined fee — shared by patrons’ and sellers’ brokers — is often 5% to 6%, which is larger than in most different nations. The National Association of Realtors has reached a nationwide settlement that could change the means in which real estate agents are compensated.
U.S. new-home gross sales rose 1.5% to an annual rate of 661,000 in January, from a revised 651,000 in the prior month. …