Who Pays Realtor Fees in Michigan?

5 days ago 5

If you’re getting ready to sell your home in Michigan, you may be looking at recent sale prices in your neighborhood and estimating how much you might take home in proceeds. If this is your first home sale — or it’s been a few years — you may also be wondering: Who pays Realtor fees in Michigan? This is a valid question, especially since a 2024 National Association of Realtors (NAR) court settlement changed how real estate agent commissions are handled. Sellers are no longer expected by default to pay the buyer’s Realtor fees, a departure from a longtime industry practice. So, what does this rule change mean for Michigan home sellers? In this post, we’ll explain who typically pays Realtor fees in Michigan, how commissions work in the current market, and when covering a buyer’s agent fee may still be a good strategy. You’ll also find a Michigan agent commission calculator to help you estimate your potential costs. A Top Michigan Agent Can Increase Your Proceeds Our free Agent Match tool analyzes over 27 million transactions and thousands of reviews to determine which local agents have a proven track record for success in your Michigan market. Our data shows that top agents sell home...

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