Category: San Francisco
San Francisco housing: Changing realtor fees will pressure buyers – The San Francisco Standard
The already exorbitant cost of purchasing a new home in San Francisco may get even higher for first-time buyers thanks to new commission rules due to go into effect this summer. Last week, a $418-million settlement agreement by the National Association of Realtors radically reshaped a key part of how homes will trade hands in the U.S. Soon, sellers will no longer have to pay commission fees to both buying and listing real estate agents involved in brokering the deal. But what’s good for sellers may turn out to be…
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