How low could your commission go? Take a look at how the UK sells homes

A recent settlement in the United States has raised the possibility of alternative models for selling real estate, potentially signaling the end of the 6% commission on home sales. The emergence of low-cost, online-only real estate agencies in Britain has already disrupted the housing market by offering sellers competitive upfront fixed fees for basic services. Although online agencies currently have a small market share in the UK, they have made the market more competitive and transparent. The settlement in the US is expected to lead to a decrease in real estate commissions and boost alternative models of selling properties.