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VisitImpact on real estate commission structures by end of 2025
Widespread decrease in commission rates • 33%
Increase in transparency of commission rates • 33%
No significant change • 34%
Industry reports, regulatory filings, and expert commentary
Berkshire Hathaway Subsidiary Settles Real Estate Antitrust Suit for $250M
Apr 26, 2024, 03:05 PM
HomeServices of America, a subsidiary of Berkshire Hathaway, has agreed to pay $250 million to settle a landmark antitrust lawsuit involving inflated real estate commission charges. This settlement resolves claims from home sellers who alleged they were forced to pay excessive commissions. The case, known as the Sitzer/Burnett commission case, marks a significant development in the real estate industry, potentially altering how agent compensations are structured.
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Increase • 33%
Decrease • 33%
No change • 34%
Adoption of new commission models • 33%
Retention of traditional commission models • 33%
Mixed adoption varying by region • 34%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by more than 10% • 25%
Decrease by less than 10% • 25%
Increase in new platform usage • 33%
No change in platform preference • 33%
Return to traditional brokers • 34%
National Association of Realtors • 25%
Compass • 25%
EXP • 25%
HomeServices of America • 25%
Increase in transactions involving buyer's agents • 50%
Decrease in transactions involving buyer's agents • 50%
Preference for direct seller transactions • 33%
Preference remains for buyer's agent involvement • 33%
Increase in use of online real estate platforms • 34%
Decrease by more than 1% • 33%
No significant change • 33%
Increase by more than 1% • 33%
Top agencies gain market share • 25%
Top agencies lose market share • 25%
No significant change • 25%
Smaller agencies gain market share • 25%
Increased trust • 33%
Decreased trust • 33%
No significant change • 34%
Increase for smaller firms • 25%
Decrease for smaller firms • 25%
Increase for larger firms • 25%
Decrease for larger firms • 25%
Decrease by more than 5% • 33%
Increase by more than 5% • 33%
Change less than 5% • 34%