"Misinformation about the settlement has been rampant on social media, several convention speakers complained. One agent lamented about competitors pirating away clients at open houses."
"For the rest of your life, you'll be referring to the time before Aug. 17 as the good old days," CAR Assistant General Counsel Gov Hutchinson told one convention session.
"This is the largest fundamental shift we've ever seen in our industry," Betts said.
"Agents are feeling overwhelmed, exhausted, a little confused and uneasy," said Barbara Betts, chief executive of The RECollective of Long Beach.
#real-estate #homebuying-rules #california-association-of-realtors #industry-changes #commission-structures
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