Real Estate industry changes here....

[Kenny Smith]

🏡 Real Estate Industry changes here! 👀

The NAR lawsuit has been settled, and here's how it COULD affect you. On 8/15/24, 2 of the biggest changes are..

✅ No longer can a buyer agent commission (that would be paid for by the listing brokerage or seller) be marketed on the MLS listing.

✅ An agreement must be in place between the buyer and buyer’s agent before any properties can be toured.

It should be noted these rules are in line with the NAR settlement and is an MLS participation requirement, not state law. 👨‍⚖️