ABC News – World News Tonight

New real estate commission rules are going into effect this weekend, and they are expected to change the game for both buyers and sellers, leaving more room, especially for sellers, to negotiate.

Sweeping new rules are in effect nationwide in the real estate industry, upending how Americans buy and sell their homes.

"There will be transparency added to what is typically is largest single financial transaction of a person's life," says NAR President Kevin Sears.

Watch the video

Advertisement