The way real estate agent commissions are paid is set to change this summer, with fees widely expected to head lower, Shaina Mishkin writes in this week’s edition of Barron’s. hares of home-listing companies and real estate brokerages have slumped in anticipation that bottom lines will take a hit. Those fears are overblown, the author adds. Anywhere Real Estate (HOUS), Compass (COMP), CoStar Group (CSGP), Dougals Elliman (DOUG), eXp World (EXPI), Redfin (RDFN), Re/Max (RMAX), and Zillow (Z) are set to gain despite changing commission structures, the publication says.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Z:
- Appeals court says DOJ can reopen antitrust probe into NAR, Bloomberg reports
- Zillow Group’s Listing Showcase momentum strong, says DA Davidson
- Zillow put volume heavy and directionally bearish
- Zillow needs ‘the help’ as home sales show some life, Barron’s says
- Citi recommends buying Zillow on selloff, says fundamentals intact
