Housing market inventory changes has increased real estate agent commissions. Real Estate Agentsin slow markets are reporting that the compensation offered to agents and brokers representing buyers appears to be on the rise, as listing agents seek to attract more attention to for-sale homes in the face of declining sales and rising inventory.
During the real estate boom total real estate commissions fell to about 5 percent of the sale price of a home from a traditional average of about 6 percent, according to a Real Trends research.
Housing market inventory changes has increased real estate agent commissions. Real Estate Agentsin slow markets are reporting that the compensation offered to agents and brokers representing buyers appears to be on the rise, as listing agents seek to attract more attention to for-sale homes in the face of declining sales and rising inventory.