What the NAR Settlement Means For Buyers And Sellers
Posted by arhome realty on
What The NAR Settlement Means For Buyers And Sellers
The recent National Association of Realtors® (NAR) settlement will update the long-time practice of sellers paying commissions towards agents who introduce a buyer to a property. In short starting mid-July, Realtor® members who are listing property will no longer be able to share compensation offers to buyer's agents through the MLS. Instead, buyers and their agents will be required to have their own upfront written agreements specifying the fee for these real estate services. Though the changes are still under construction, they will most likely shift some of the ways buyers and sellers approach real estate transactions.
what this means for sellers
Up until now, Sellers who listed their…
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