"Following the National Association of Realtors (NAR) settlement in late 2024, 2025 served as the first full year under new operational standards that fundamentally changed how agents are paid. Negotiable Fees: Buyer's agent commissions are no longer listed on Multiple Listing Services (MLS), forcing buyers and agents to negotiate fees upfront. Mandatory Agreements: Buyers must now sign a written representation agreement before touring a property, outlining exactly how much their agent will be paid."
"The "One Big Beautiful Bill," signed into law on July 4, 2025, introduced permanent changes to real estate taxation: Bonus Depreciation: The law permanently restored 100% bonus depreciation for qualifying properties, reversing a scheduled phasedown that would have dropped the rate to 40% in 2025. First-Time Buyer Support: New tax-free savings accounts were introduced to help first-time home buyers save for down payments. Preserved Incentives: The bill solidified long-standing benefits like the mortgage interest deduction and increased limits for State and Local Tax (SALT) deductions."
"Preserved Incentives: The bill solidified long-standing benefits like the mortgage interest deduction and increased limits for State and Local Tax (SALT) deductions. 3. Shifting Market Dynamics Inventory Surge: Some markets saw a significant "supply glut," with new home listings in certain cities outpacing buyers at rates not seen since 2013. Price Moderation: While national home prices rose roughly 2-3% overall in 2025, many regions in the South and Southwest shifted toward "buyer's markets" with falling prices."
2025 brought structural change across real estate. Commission practices shifted after the NAR settlement: buyer's agent fees became negotiable, written buyer representation agreements became mandatory before showings, and many sellers continued covering buyer agent fees. Federal tax law changed permanently via the "One Big Beautiful Bill," restoring 100% bonus depreciation, creating tax-free first-time buyer savings accounts, and preserving mortgage interest and expanded SALT limits. Market conditions varied: certain cities experienced a supply glut with new listings outpacing buyers, national prices rose about 2–3%, while many Southern and Southwestern regions moved toward buyer's markets with declining prices.
#real-estate-commissions #federal-tax-reform-bonus-depreciation #housing-inventory--prices #first-time-homebuyer-support
Read at Boston Condos For Sale Ford Realty
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