1000 ET - The average U.S. buyer's agent commission was 2.43% for homes sold in 2Q, Redfin says, up from 2.38% a year earlier. It was the third consecutive quarter that commissions ticked a little higher after new National Association of Realtors commissions rules went into effect in August 2024. Commissions are now back to the same level they were sitting at in 1Q of 2024, when NAR first announced a settlement dictating new commission rules in response to a class action lawsuit brought by home sellers. Immediately after the settlement was announced, commissions declined, dropping to a low of 2.36% in 3Q of 2024. They fell at that time partly because the settlement shed light on sellers' ability to negotiate commissions down. Over the past year, buyer's agent commissions have slowly but steadily increased back to pre-settlement levels. (chris.wack@wsj.com)
(END) Dow Jones Newswires
August 12, 2025 10:00 ET (14:00 GMT)
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