Following business practice changes, average real estate agent commissions increased slightly from 2.65% to 2.71%. Data from Redfin showed commissions for homes under $500,000 rose significantly from 2.42% to 4.49%. Anywhere Real Estate's figures indicated little change, as commissions averaged 2.41% for its franchise group and 2.38% for its broker operation. Industry reactions suggest the expected declines in commission rates have not materialized, with many brokers reporting negligible changes in commission structures since the new practices were adopted.
CEO Ryan Schneider reported during Anywhere's Q1 2025 earnings call that the changes to agent commission rates were less than the firm had anticipated when preparing their 2025 budget.
In the Greater Boston area, Linda O'Koniewski noted agents at her firm experienced an insignificant change, with listing commissions up just 0.02% and buyside down 0.03%.
Data from RealTrends Consulting shows that the average real estate agent commission rose only slightly from 2.65% to 2.71% after business practice changes were implemented.
Redfin's report highlighted a significant increase in agent commissions for homes sold under $500,000, jumping from 2.42% in Q3 2024 to 4.49% in Q1 2025.
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