Real Estate Upheaval- No Commission🫣
Have you heard of the changes coming down the pipe in the Real Estate Residential world? 🤔.. There is a new dawn on the horizon.... For years, when agents are hired by homeowners, it has been so customary to build in the commission for both sides in the asking price. After all, and why not in most situations it takes the listing agent and the buying agent to support/ bring to close both parties (seller and buyer).... Well, have you heard that NAR has lost the LAWSUIT, defending this old tradition/practice of compensation and ( companies such as KW and RE/Max- to name just a few🫣 already making settlement as a result).. I am not necessarily going to go into it here- right now; However, what I will say is real estate agent who work with their buyers, will "have to" seek their compensation from that said 'buyer'. This new practice could be around the corner as soon as within the next 6 months, officially... Oh and guess what, this is a NATIONWIDE ruling, not just our ...