Home sellers claim Realtors still charge excessive commissions

Home sellers and buyers are expressing frustration with real estate agents, claiming they are still facing high commission fees despite a recent settlement aimed at reducing them. Many sellers report feeling pressured to pay traditional rates of 5% or more. A year after the National Association of Realtors changed its commission-sharing rules, average commissions have only slightly decreased. Critics argue that agents are finding ways to maintain high fees, undermining the intent of the settlement. Some sellers, like Mike Chambers in Colorado, have opted to sell their homes independently, highlighting the challenges of negotiating lower commissions. Despite the settlement, many agents continue to push for standard commission rates, limiting options for consumers.