The National Association of Realtors (NAR) is expected to retire the traditional system of setting broker fees at 6% of a home sale cost, following mounting claims that it led to overpayment by home sellers. The change could require buyers, especially first-time buyers, to cover additional fees previously paid by sellers, potentially deterring entry into the housing market. The settlement could lead to new commission rules by July 1st, impacting the real estate industry and potentially affecting veterans under VA loan rules. Experts predict the change could reduce the overall cost of buying and selling homes, as sellers often include commission fees in home prices.