DataDigest: What happens if 1 million real estate agents disappear?
Housing Wire
OCTOBER 11, 2023
Let’s start at the top —the analysts at KBW believe that a court-ordered injunction could “unbundle” commissions nationally by early 2024, eliminating the longstanding practice of listing agents and sellers setting and paying buyer agent commissions. Relatedly, the commission rates could decline by 200 bps or more.
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