Settlement Will Change How We Buy & Sell Homes

Look for lower commission rates, unbundled services, and a smaller real estate sales industry

With housing prices hovering near all time highs, Americans have been shelling out more than $100 billion a year in commissions to sell real estate. This enormous sum is the result of a standard commission rate while housing prices have risen a fair amount over the past few decades.

I’ve personally been involved in more than a dozen real estate transact…