{"id":851851,"date":"2025-05-16T08:04:04","date_gmt":"2025-05-16T12:04:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/"},"modified":"2025-05-16T08:04:04","modified_gmt":"2025-05-16T12:04:04","slug":"redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/","title":{"rendered":"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect<\/b><\/p>\n<p class=\"bwalignc\"><i>Buyer\u2019s agents earned an average of 2.4% in commission in the first quarter\u2014up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier<\/i><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\n(NASDAQ: RDFN) \u2014 The average buyer\u2019s agent commission was 2.40% for homes sold in the first quarter, according to a <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Freal-estate-commissions-may-2025&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=new+report&amp;index=1&amp;md5=8b55611311c0d22a95727a4ac9671731\">new report<\/a> from Redfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=2&amp;md5=d94733120d4491e622233e018ae839af\">www.redfin.com<\/a>), the technology-powered real estate brokerage. That\u2019s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024\u2014when the new National Association of Realtors (NAR) commissions rules went into effect\u2014but down slightly from 2.43% in the first quarter of 2024, when the new rules were announced.\n<\/p>\n<p>\nThe report is based on an analysis of Redfin\u2019s data on buyer\u2019s agent commissions for closed home sales. This analysis uses national, aggregated sales data from Redfin agents&#8217; listings, deals referred by Redfin.com to partner agents, and deals where buyers used Redfin-owned Bay Equity Home Loans.\n<\/p>\n<p><b>Commissions Are Flattening For $1 Million-Plus Homes But Rising for More Affordable Homes<\/b><\/p>\n<p>\nWhen the commissions data are broken down by price tier, a different trend emerges. Buyer\u2019s agents are earning a slightly smaller commission percentage for luxury homes than before the NAR settlement, and a slightly bigger percentage for more affordable homes.\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nFor homes that sold for<b> $1 million or more<\/b> in the first quarter, the average buyer\u2019s agent commission was 2.17%. That\u2019s unchanged from the prior quarter, but down from 2.22% in the third quarter of 2024\u2014when the new rules took effect\u2014and down from 2.30% a year earlier.\n<\/li>\n<li>\nFor homes that sold for <b>$500,000 to $999,999<\/b>, the average buyer\u2019s agent commission was 2.29%\u2014up from 2.26% in the prior quarter and 2.27% in the third quarter of 2024, but down from 2.34% a year earlier.\n<\/li>\n<li>\nFor homes that sold for <b>less than $500,000<\/b>, the average buyer\u2019s agent commission was 2.49%\u2014up from 2.46% in the prior quarter, 2.42% in the third quarter of 2024, and 2.48% a year earlier.\n<\/li>\n<\/ul>\n<p>\nCommissions are lower for high-priced homes because agents have more room to reduce their fees and still earn a healthy paycheck.\n<\/p>\n<p><b>Most Sellers Are Still Paying Buyer\u2019s Agent Commissions<\/b><\/p>\n<p>\nRedfin agents report that most sellers are still choosing to pay the buyer\u2019s agent commission, though there are some exceptions.\n<\/p>\n<p>\nCommission rates had started to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Freal-estate-commissions-november-2021%2F&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=fall+gradually&amp;index=3&amp;md5=ea8cdcb1474c904761fba67484342de8\">fall gradually<\/a> in the decade prior to the NAR settlement. But in dollar terms, buyer\u2019s agents earn more money because home prices have risen significantly.\n<\/p>\n<p>\nAgents in some markets are reporting a shift in commissions, while agents in others are reporting that it\u2019s business as usual.\n<\/p>\n<p>\n\u201cMost sellers are choosing to pay a 2.5% or 3% commission to the buyer\u2019s agent, but I am seeing an increase in the number of sellers offering 2%,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Freal-estate-agents%2Fstephanie-kastner&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=Stephanie+Kastner&amp;index=4&amp;md5=b2544a7c1410ff14ff3875589817808d\">Stephanie Kastner<\/a>, a Redfin Premier agent in Seattle.\n<\/p>\n<p>\nKastner noted that many of the 2% commissions she has seen are for new-construction homes on the outskirts of Seattle.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Freal-estate-agents%2Fchaley-mcvay&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=Chaley+McVay&amp;index=5&amp;md5=a45db0a6b9fd2c7fa7a3683bee9d692b\">Chaley McVay<\/a>, a Redfin Premier agent in Portland, OR, said she hasn\u2019t seen much of a change since the new rules went into effect.\n<\/p>\n<p>\n\u201cSellers don\u2019t seem to have any issue paying a buyer\u2019s agent commission,\u201d McVay said. \u201cBut if we enter a seller\u2019s market similar to that of 2021 and 2022\u2014with rampant bidding wars\u2014sellers may be inclined to offer low or no commission to the buyer\u2019s agent, forcing buyers to bridge the gap. And if that happens, first-time buyers will be hit hardest because many of them can already barely afford to buy a home.\u201d\n<\/p>\n<p><b>Nearly Half of Recent Buyers and Sellers Did Not Try to Negotiate Agent Commission: Survey<\/b><\/p>\n<p>\nNearly 2 in 5 (37.4%) people who sold a home in the last year negotiated or tried to negotiate the commission paid to their agent, according to a Redfin-commissioned survey conducted by Ipsos in March-April 2025. The lion\u2019s share of recent sellers\u201445.9%\u2014did not try to negotiate.\n<\/p>\n<p>\nBuyers were less likely to negotiate, probably because they often aren\u2019t the one paying their agent. Just over one-quarter (27.2%) of people who bought a home in the last year negotiated or tried to negotiate the commission paid to their agent, the survey found. Nearly half (47.8%) did not try to negotiate.\n<\/p>\n<p>\nTo read the full report, including charts and methodology, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Freal-estate-commissions-may-2025&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.redfin.com%2Fnews%2Freal-estate-commissions-may-2025&amp;index=6&amp;md5=b14afce999b59304b1c982cf213093b4\">https:\/\/www.redfin.com\/news\/real-estate-commissions-may-2025<\/a><\/p>\n<p><b>About Redfin<\/b><\/p>\n<p>\nRedfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=7&amp;md5=c9d1d6ef3dd2fc099bb00b8b28ce87d7\">www.redfin.com<\/a>) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country&#8217;s #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we&#8217;ve saved customers more than $1.8 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.\n<\/p>\n<p>\nRedfin\u2019s subsidiaries and affiliated brands include: Bay Equity Home Loans\u00ae, Rent.\u2122, Apartment Guide\u00ae, Title Forward\u00ae and WalkScore\u00ae.\n<\/p>\n<p>\nFor more information or to contact a local Redfin real estate agent, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=8&amp;md5=466e1eebeec2b2c511271dc3b46620bc\">www.redfin.com<\/a>. To learn about housing market trends and download data, visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fdata-center%2F&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=Redfin+Data+Center&amp;index=9&amp;md5=631d05652688c52f7ee1904426d9526e\">Redfin Data Center<\/a>. To be added to Redfin&#8217;s press release distribution list, email <a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a>. To view Redfin&#8217;s press center, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpress.redfin.com%2Fphoenix.zhtml%3Fc%3D252734%26p%3Dirol-overview&amp;esheet=54255920&amp;newsitemid=20250516966869&amp;lan=en-US&amp;anchor=click+here&amp;index=10&amp;md5=ed2afefb04b61c090fb6e7a9dcf72821\">click here<\/a>.\n<\/p>\n<p>\nRedfin-F\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250516966869r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250516966869\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250516966869\/en\/<\/a><\/span><\/p>\n<p><b>Contact Redfin<br \/>\n<\/b><br \/><b>Redfin Journalist Services:<br \/>\n<\/b><br \/>Erin Osgood<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Washington<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Apps\/Applications Technology Construction &amp; Property Finance Professional Services Software Internet Data Analytics Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250516966869\/en\/1407505\/3\/Redfin_Standard_Web_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect Buyer\u2019s agents earned an average of 2.4% in commission in the first quarter\u2014up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 The average buyer\u2019s agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That\u2019s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024\u2014when the new National Association of Realtors (NAR) commissions rules went into effect\u2014but down slightly from 2.43% in the first quarter of 2024, when &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-851851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect Buyer\u2019s agents earned an average of 2.4% in commission in the first quarter\u2014up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 The average buyer\u2019s agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That\u2019s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024\u2014when the new National Association of Realtors (NAR) commissions rules went into effect\u2014but down slightly from 2.43% in the first quarter of 2024, when &hellip; Continue reading &quot;Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-16T12:04:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250516966869r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect\",\"datePublished\":\"2025-05-16T12:04:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/\"},\"wordCount\":968,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250516966869r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\\\/\",\"name\":\"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect - 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That\u2019s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024\u2014when the new National Association of Realtors (NAR) commissions rules went into effect\u2014but down slightly from 2.43% in the first quarter of 2024, when &hellip; Continue reading \"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-16T12:04:04+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250516966869r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect","datePublished":"2025-05-16T12:04:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/"},"wordCount":968,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250516966869r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-real-estate-agent-commissions-havent-changed-much-since-the-nar-settlement-took-effect\/","name":"Redfin Reports Real Estate Agent Commissions Haven\u2019t Changed Much Since the NAR Settlement Took Effect - 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