Realtor Commission Structure 2024

Realtor Commission Structure 2024. A good agent knows their reputation is on the line and is incentivized to ensure their client is clear on compensation structure before signing a deal, he says. The “practice changes” stem from a 2023 legal decision over the way real estate agents were compensated.

Changes in real estate rules may alter agent commissions, shifting costs to buyers and increasing price competition for services. Traditionally, the standard rate has been around 6 percent, divided equally between the buyer’s and seller’s agents.