As of August 17, 2024, buyers in Arkansas must now communicate their agent's commission in writing before commencing home tours, marking a significant shift in tradition.
The new changes in real estate commissions aim to enhance transparency, making it easier for buyers and sellers to understand and negotiate fees involved in transactions.
Real estate commissions in Arkansas are negotiable, leading to variability in what sellers might pay for a buyer’s agent, thus changing the dynamics of negotiations.
Understanding these updated commission structures is vital for both first-time buyers and experienced sellers who want to effectively budget their real estate transactions.
#real-estate #commission-rates #arkansas-housing-market #buyer-agent-fees #transparency-in-transactions
Collection
[
|
...
]