Big Change Coming, Commission Lawsuit

[Joshua Ricker]

Hello BP Agents,

Has anyone been watching the commission lawsuits? MLS PIN settled for $3 million and to stop requiring sellers to offer buyer-broker compensation. There are even more lawsuits going on and there are predictions they will possibly prohibit sellers to pay any buyer-broker compensations going forward as worse case. Not worse case would be seller has the choice.

This will be a huge impact on the business.  We had a meeting this morning about it, also have been preparing.  What is everyone's thoughts going forward if the change does come?  I attached the article in the link below.

Check out the article here