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Real estate professionals are facing a complex environment, from a $500M defamation lawsuit to stable commission rates and the integration of AI.
Real estate agent commissions in Texas are increasing, reaching an average of 5.57% in 2024, in direct contrast to a declining national average.
A landmark settlement with the National Association of Realtors was expected to lower agent commissions, but data shows fees remain unchanged at around 2.5%.
A landmark NAR legal settlement intended to lower real estate fees has had little impact, with sellers still paying buyer's agent commissions around 2.5%.
