Realtor Commission Changes 2024. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the national association of. The changes will take effect in july, pending court approval, and will have major implications on how real estate deals are done.

The policy changes could help spur price competition for agents’ services and lower the cost for sellers who now typically cover the commission for the buyer’s. The national association of realtors’ recent legal settlement would remove offers of compensation from the mls and require agents to sign contracts with buyers.