National Association of Realtors: Part 2
In this episode of the podcast we discuss the recent settlement by the National Association of Realtors (NAR) in a major antitrust lawsuit and the changes it will bring to the real estate industry. The settlement includes prohibiting listing agents and sellers from including offers of compensation to buyer agents on the MLS, requiring written agreements between buyers and agents, and emphasizing that commissions are negotiable. The conversation explores the potential impact on buyers, sellers, and agents, as well as the need for agents to clearly communicate their value proposition. We also discuss the importance of market expertise, judgment, and transparency in the agent-client relationship.
