#redfin-data

#redfin-data

Redfin's analysis reflects national buyer's agent commission rates based on closed home sales from Redfin agents and partner agents. The slight increase comes roughly a year after new National Association of Realtors (NAR) commission rules took effect, stemming from NAR's commission lawsuit settlement. Buyer's agent commissions dipped to 2.36% in the third quarter of 2024 the lowest point recorded under the new system but have edged higher since then.

While there are reports from Redfin and other sources detailing high home purchase cancellation rates in 2025. Multiple reports released in the latter half of 2025 indicated that cancellation rates had reached significant levels in the preceding months, with Redfin reporting a 15% cancellation rate in September 2025. 2025 cancellation rates based on Redfin data September 2025: 15% of home-purchase agreements were canceled. July 2025: 15.3% of home-purchase agreements were canceled. June 2025: Nearly 15% of pending home sales fell through.