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.

Redfin
attributes
the
rise
in
part
to
a
slower

housing
market
that
has
given
buyers
added
leverage.

In

Chicago,
Redfin
Premier
agent
Beth
Behling
said
she
has
seen
little
change
since
the
new
rules
went
into
effect.

“If
demand
were
high
and
homes
were
selling
fast,
I
think
we
would
see
more
sellers
offering
a
lower
commission
to
buyer’s
agents,”
Behling
said.
“But
now
the
market
is
much
slower,
and
buyers
have
negotiating
power
over
sellers.
If
anything,
buyers
can
ask
for
a
higher
commission
for
their
agents
knowing
they
may
be
the
only
offer
on
the
table.”

Commission
trends
were
largely
steady
across
price
tiers
in
the
third
quarter.

For
homes
priced
under
$500,000,
the
average
buyer’s

agent
commission
held
at
2.52%
—
up
from
2.45%
a
year
earlier
and
the
highest
level
since
the
third
quarter
of
2023.

Those
priced
between
$500,000
and
$999,999
saw
average
commissions
of
2.32%,
down
slightly
from
2.34%
in
the
previous
quarter
and
slightly
above
2.31%
a
year
earlier.

Homes
selling
for
$1
million
or
more
had
average
commissions
of
2.22%
—
a
tick
up
from
2.21%
in
the
second
quarter
but
below
the
2.24%
recorded
a
year
ago.