Call Cleve Atlanta Radio Show

Evolution of Seller Commissions: Past, Present, and Future

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Synopsis

Welcome to another enlightening episode of GoGaddis Real Estate Radio. I'm your host, Cleve Gaddis, and today, we're delving into a topic that has shaped the real estate landscape for over a century: seller-paid commissions and the role they play in real estate transactions. Our Neighborhood Spotlight shines on The Hadaway in Lawrenceville—a community that captures the essence of living in Lawrenceville. And speaking of the real estate landscape, we're digging deep into the roots of a practice that's been around for more than 100 years: sellers funding commissions that are then divided between the listing and buyer agents. Join us as we explore the history, the present, and the potential future of this commission structure. Have you ever wondered about the reasoning behind it? Our listeners, Mario and Carla from Peachtree Corners, are contemplating putting their home on the market and are curious about the current commission rates and why sellers are responsible for both sides of the commission equation. We