A growing number of homebuyers and sellers are turning away from traditional real estate agents due to high commissions. Flat-fee brokers offer an alternative, with some agents now accepting lower fees in exchange for more personalized service.
The National Association of Realtors has implemented new policies on agent compensation, but the impact is still unclear. According to Redfin data, buyer’s agent commissions have dropped slightly in certain price ranges since the changes took effect nine months ago.
However, experts argue that high-end homes can see significant savings with flat-fee brokerages. ShopProp Realty, a company operating in nine states, has seen a 26% annual growth rate and is now representing buyers for bulk of commission savings.
The shift towards flat-fee brokers could lead to more informed consumers taking control of their real estate transactions. With the help of new rules, agents must inform buyers and sellers that their fees are negotiable, and buyers can sign agreements outlining how they will be paid.
But traditional commission-based agents argue that higher fees are necessary for providing local expertise and localized services. As the market continues to evolve, consumers must consider all options when choosing an agent.
Source: https://www.npr.org/2025/05/21/nx-s1-5388943/real-estate-broker-fee-change