Real Estate Settlement Shifts Commission Rules, May Impact Buyers and Sellers

Settlement changes rules around real estate agent commissions and transparency, could shift some costs to homebuyers
Buyers may now need to directly pay their agent instead of the seller covering that commission
Sellers can opt out of offering a commission split with the buyer's agent, potentially saving thousands
These changes aim to address lawsuits over inflated commissions and steering incentives
Impact is uncertain but could pressure buyers and the industry, while benefiting some sellers