Redfin's interviews with agents indicate buyers are increasingly willing to negotiate their agent's commission, particularly in softer markets where sellers need to attract offers.
The new rules aim to enhance transparency on commissions; instead of MLS negotiations, agents are now discussing fees more directly through calls and texts.
Daryl Fairweather noted that in more competitive markets, sellers are less inclined to cover buyer agent fees, showcasing a divergence in commission negotiations across different regions.
Despite a slight drop in average buyer agent commission rates, Redfin observed many sellers remain willing to pay commissions, showing variance in market responses post-rule changes.
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