The WPJ

Cleveland

Most U.S. Homebuyers in the Dark About Agent Commissions

According to recent data from national property broker Redfin, a significant portion of U.S. homebuyers are in the dark about their real estate agent's compensation: 28% are unaware of the payment amount, 17% do not know how this figure was determined, and 19% are uncertain about who actually pays their agent.

Commercial Co-Broker Commissions Not Affected by NAR-DOJ Settlement, Yet

Following the groundbreaking agreement between the National Association of Realtors (NAR) and the Department of Justice on March 15, 2024, the real estate sector is abuzz with discussions about the potential effects on the future of commercial co-broker fees and payment methods.

Rising U.S. Mortgage Rates Further Discourage Future Homebuyers in April

This week's increase in U.S. mortgage rates has added to the skepticism about any significant reductions in interest rates for prospective homebuyers in the near future.

U.S. Commercial, Multifamily Mortgage Delinquency Rates Uptick in Q4

According to the Mortgage Bankers Association's latest Commercial Delinquency Report, U.S. commercial mortgage delinquencies increased in the fourth quarter of 2023.

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