Are you a home buyer or seller affected by the upcoming NAR settlement changes?

Are you a home buyer or seller affected by the upcoming NAR settlement changes?

The changes revise unofficial guidelines that often resulted in home sellers paying a 5% or 6% commission that was generally split between an agent representing the buyer and an agent representing the seller. Agents working with a buyer must now sign a written Buyer Agreement outlining their compensation before viewing a property.

These rules could fundamentally change the way Americans buy and sell real estate. Are you planning to buy or sell a home in the near future? If so, we’d like to hear from you about how the changes might affect you.

The new regulations could significantly affect the local business situation for real estate agents, as their commission income could be affected. The economic stability of many households depends on the smooth functioning of the real estate market, and these changes could affect that.

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