LOS ANGELES (AP) — A series of court challenges are seeking to upend longstanding real estate industry practices that determine the commissions agents receive on the sale of a home — and who foots the bill. But already the NAR and several real estate brokerages are facing another lawsuit over agent commission rules. As home prices have soared in recent years, pushing the national median sales price to $394,300 as of September, so have agents’ commissions. Traditionally, that works out to a 5% to 6% commission split roughly evenly between the buyer’s and seller’s agents. “The real solution is for buyers to be able to finance the buyer-agent commissions as part of their mortgages.

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Persons: “, ” Mantill Williams, Williams, Fresh, ’, ” Williams, ”, Stephen Brobeck, Max, Brobeck, Michelle Chapman Organizations: ANGELES, National Association of Realtors, NAR, Western, of, Redfin Corp, Weichert Realtors, Compass Inc, “, Consumer Federation of America, Inc, MLS, Associated Locations: Missouri, U.S, of Missouri, New York