In 2024, Boston condo sellers must adapt to changes in broker commission payments, driven by a nationwide legal settlement that affects the typical selling process.
The recent changes following the NAR lawsuit mean that now sellers will primarily negotiate their listing broker fees with their listing agent directly.
Sellers should be aware that the commission structure has shifted, given that previously brokers received payments from sellers and often shared with buyer brokers.
With different geographical regions adapting at their own pace, sellers in downtown Boston condos should prepare for potential disjointedness in the real estate handling processes.
Collection
[
|
...
]