Following the 2024 NAR settlement changes (effective August 2024 and ongoing into 2025), buyer's agent compensation in New Brunswick and across New Jersey is now fully negotiable and requires a written buyer representation agreement upfront—before touring homes. I've helped clients navigate this transparency shift in our local market (medians ~$440,000 as of late 2025), ensuring no surprises.
Typically, buyer's agent fees range 2-3% of the purchase price (averaging ~2.5% statewide per recent surveys). On a $440,000 home:
- $8,800-$13,200 total (2-3%).
Who pays?
- You (the buyer) agree to the fee in your contract.
- Many sellers still offer concessions (credits toward your costs, including agent fees) to attract offers—common in balanced markets like ours (73-83 days on market).
- Result: Often partially or fully offset, similar to pre-settlement practices.
Previously, seller-paid commissions were standard (bundled into price); now, explicit negotiation empowers you to shop rates and services.
Value far exceeds cost: Expert negotiation saves thousands (e.g., credits, lower price), plus guidance through NJ's attorney review, inspections, and local nuances.
At Tverdov, we're upfront—many clients secure concessions covering most/all fees.
Discuss your options transparently—call (732) 344-0701.