Jakarta Real Estate News For Consumers And Traders

• 18/04/2021

Since buyer agents shall be required to write up agreements with their shoppers, buyers may have more room to barter commissions with their brokers, relying on what services they need from them. The settlement may ultimately change what’s baked into the sale price of a home, making clear to buyers precisely what they’re paying for. NAR has emphasised that the group doesn’t set up commission rates at 5% to 6% as a rule and that commissions are technically negotiable. Rather, the group requires vendor brokers to list a commission, which is normally the standard rate. Home sellers and buyers get …