Are real estate commissions negotiable in Minneapolis?
Answered by Chris Deutsch, Founder & Editor
Licensed Minnesota Realtor #20382264 ·
The short answer
Yes, completely. Since the 2024 NAR settlement there is no standard commission — you set the rate in a written agreement before you list, and buyer-agent compensation is negotiated separately. Any agent quoting a "standard" rate is describing their fee, not a rule.
On stage The 60-second answer
Captions on · Transcript below
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Program notes
Where this answer comes from
- NAR settlement 2024
Verified . When I get one wrong, I fix the answer and change the date.
The next department over
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