Commissions of 6 percent for home sales once were the norm. That’s changing.

In 2015, the National Association of Realtors’ “DANGER” report — which stands for the Definitive Analysis of Negative Game Changers Emerging in Real Estate, written by industry consultant Stefan Swanepoel of the Swanepoel /T3 Group — rocked the real estate world with its acknowledgment that consumers are demanding lower commission rates and that brokers and agents are responding with new pricing models that “will most likely become commonplace in the next five to ten years.”

International buyers are particularly shocked by the high commissions paid in the United States, because the average commission paid to realty agents in places such as the United Kingdom, Australia and Belgium ranges from 1 to 3 percent.

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© T3 Sixty 2023. Enabling Intelligent Change.
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