Realtor commissions have not changed

[James McGovern]

Realtor commissions have not changed. They seem to be tracking at 6% in my area. Was the NAR settlement fake news? Why aren't commissions trending lower?

[Bill B.]

I’ve paid 4.5% pretty much every time for 10+ years. Probably the advantage of using the PM’s realtor. Usually it’s 2-2.5% each. Last one was actually 1.5-3% because only one realtor brought any offers, and even that was unique. (He got 3%). (It was $10k over ask, no repairs, no inspection or appraisal. 25% down and 5 year balloon at 7%.)