Agent commission rates have barely budged: Anywhere

By Housing News

In
the
roughly
nine
months
since
the

National
Association
of
Realtors’

(NAR)
commission
lawsuit

settlement

business
practice
changes
went
into
effect,


Anywhere
Real
Estate

CEO

Ryan
Schneider

said
he
has
yet
to
see
much
of
an
impact. 

The
average
home
sale
commission
rate
was
down
two
basis
points
annually
to
2.41%
at
Anywhere’s
franchise
segment,
and
down
six
basis
points
to
2.35%
at
its
owned
brokerage
segment,

Anywhere
Advisors
.

“We’ve
now
had
three
quarters
in
a
row
here
where
there
really
hasn’t
been
that
much
movement,
frankly,
less
than
we
had
predicted
when
we
did
our
budget
for
this
year,”
Schneider
told
investors
and
analysts
during
Anywhere’s

Q1
2025
earnings
call

Tuesday
morning. 

Despite
the
decrease
in
commission
rates,
Anywhere’s
gross
commission
income
in
Q1
rose
to
$976
million,
up
nearly
$70
million
from
a
year
ago.
Additionally,
the
gross
commission
income
per
side
for
agents
who
are
part
of
the
owned
brokerage
segment
was
up
10%
annually
to
$19,720,
as
the
average
home
sale
price
for
Anywhere
Advisors
rose
13%
year
over
year
to
$799,750. 

Schneider
said
that
there
was
a
larger
decrease
in
commissions
in
the

luxury
segment,

but
it
was
still
a
single
digit
basis
point
drop.

“I
do
think
there’s
something
about
the
savvy
buyer
and
seller,
maybe
being
a
little
more
sophisticated
and
maybe
negotiating
a
bit
harder,
but
on
the
flip
side,
when
you’re
doing
doing
$10
to
$50
million
deals,
there
historically
has
always
been
a
lot
of
commission
negotiation
happening,
so
I’m
probably
not
that
surprised
by
it,”
Schneider
said. 

While
some
were

predicting
doom
and
gloom

due
to
the
settlement
business
practice
changes,
that,
according
to
Schneider,
is
not
what
has
happened
at
Anywhere.

“We
remain
confident
in
our
proactive
approach
to
change
and
how
our
agents
and
franchise
have
successfully
navigated
these
ships,
and
consistently
demonstrated
their
value
to
consumers,”
Schneider
added. 

 

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