The times they are changing: Adapting to the NAR settlement agreement
Briefly

The NAR settlement will eliminate compensation offers displayed in MLSs, fundamentally changing real estate transactions by requiring a new negotiation framework between agents and buyers.
The settlement's requirement for mandatory written agreements between buyer agents and clients will enhance transparency, ensuring that clients are aware of agent compensation and that fees are negotiable.
The proactive measures taken by real estate companies aim to facilitate a smooth transition to the new settlement, ultimately leading to a more transparent and fair market for all parties involved.
This landmark agreement represents a significant shift in the real estate industry, focusing on improving the operational dynamics of Multiple Listing Services and enhancing client-agent interactions.
Read at www.housingwire.com
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