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Uncovering Real Estate Commission Negotiations
Exploring the intricacies of real estate commissions, this chapter sheds light on how sellers can negotiate the typically fixed 5% commission with agents. It contrasts the knowledge gap between first-time home buyers and experienced buyers in negotiating commissions for additional services like staging. The discussion also touches on transparency issues, a lawsuit against the National Association of Realtors, and the possibilities of increased negotiation power for buyers in determining agent commissions.