James Kleimann on the downtrend in buyer’s agent commissions

James Kleimann, a Managing Editor, dives into the recent downtrend in buyer's agent commissions post-NAR lawsuit settlement. He discusses intriguing shifts in commission structures across major U.S. metros, with most witnessing declines. The conversation touches on the rise of direct buyer-to-listing agent approaches, regional commission rate variations, and how these changes influence negotiations. Additionally, the challenges facing first-time buyers in a shifting market landscape are explored, shedding light on the evolving dynamics of real estate transactions.