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How you buy and sell homes is about to change... a new agreement just reached will toss out the old rules that stuck a home seller with paying 6% commission of the sale price to their real estate agent and THE BUYER's agent. On a sale of a $500k home the seller would be dinged for $30k... That model is being dissolved. And this is good news for sellers. Dave and Debbie speak with Kreg Wagner, Legal Council with the Utah Association of Realtors about what this means.
By Debbie Dujanovic and Dave Noriega4.1
4040 ratings
How you buy and sell homes is about to change... a new agreement just reached will toss out the old rules that stuck a home seller with paying 6% commission of the sale price to their real estate agent and THE BUYER's agent. On a sale of a $500k home the seller would be dinged for $30k... That model is being dissolved. And this is good news for sellers. Dave and Debbie speak with Kreg Wagner, Legal Council with the Utah Association of Realtors about what this means.