Categories: Real estate commissions

Should Home Buyers Let Listing Agents Write Offers?

Posted by: Chris Palmeri on July 07

I never thought I'd refer twice to the same string in an online real estate forum, but a reader of this message board at online brokerage firm Redfin.com raises an...

Will paying a higher commission help sell your home faster?

Posted by: Prashant Gopal on March 31

Selling a home is expensive -- especially after agents take their 5% or 6% cut. But as we reported on March 20, some Realtors have started charging commissions of...

Real estate agents expected to collect $55 billion in commissions this year

Posted by: Prashant Gopal on December 14

Home sales have fallen throughout most of the country, but real estate agent commissions appear to be holding steady at just over 5%, according to a new report by Foresalebyowner.com....

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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