If you fail to follow the rules, you may open your personal assets to a lawsuit.

lol na, maybe we did before that NAR lawsuit settled.

Lots of big changes and challenges to be navigated but I'll keep this short and sweet to focus on the real world effects of the NAR Commission Lawsuit Settlement for investors scheduled to begin in July 2024.- Buyers will have more (and less) options.

Former ‘wholesale finder’ says he was thrown under bus by the prominent real estate investors.https://www.seattleweekly.com/news/equity-skimming-tale-of-a...His job was seemingly simple, but also important to the busi...

@Ben M.I don't think the article explained the lawsuit comprehensively.I agree with @Nathan Gesner on this.

Last on the list is many also "self manage the property", guess what happens if there ever is a lawsuit?

.- Compare to 2010, there're more agent:home sale ratio at 2024 compare to 2010- while the number of homes being sold is reduced heavily from 2020, number of agent increases from 2019- now the cake is even smaller due to NAR lawsuit- investors are also buying less

If that was adopted wait for the seller agent collusion lawsuits where the listing agent boosted the buyer’s offer to get a higher price.

For example, past clients of mine have acquired properties containing an in-law suite, which they rent out as an LTR or STR.

He asked me, "how many can you afford to loose in a frivilous lawsuit"?