"Realtor Commission Shift: Impact on Homebuyers and Sellers"
A change in the real estate commission structure, prompted by a settlement between Compass and the National Association of Realtors, is expected to benefit homebuilders and consumers by increasing transparency and potentially lowering costs. The shift could lead to a significant decline in commission rates, which have traditionally been high in the US, and may also boost demand for new homes. While homebuilder stocks have surged, major brokerages like Zillow and Redfin face potential downside risks, while platforms like CoStar Group could benefit from the changes.