How Buyer’s Agents Can Cut Through the Confusion on Commission Rules
Are you struggling with exactly how to answer your homebuyer clients’ commission questions? The trick is: Keep it simple and explain your value.
Are you struggling with exactly how to answer your homebuyer clients’ commission questions? The trick is: Keep it simple and explain your value.
The last major brokerage still locked in a court battle over real estate agent commissions appears to be waving a white flag.
The judge in the lawsuit against the National Association of Realtors over real estate agent commissions has given his preliminary approval to a settlement in the case, signalling that a new future for how agents are compensated is clearly on the horizon.
Many real estate agents across the state are already altering how they interact with home buyers and sellers in the wake of the surprise decision by the National Association of Realtors to settle pending lawsuits over agent commissions.
Anywhere Real Estate’s $83.5 million settlement agreement and RE/MAX’s similar, $55 million settlement agreements in the so-called “bombshell” lawsuits together form a watershed moment.