Industry professionals are putting the last pieces of the puzzle together as they prepare for new rules to take effect as part of the National Association of Realtors’ $418 million settlement. Writer Nicole Murray spoke with Brian Schneider, partner with ArentFox Schiff Law Firm, to discuss the pending changes, what agents should do to prepare,…
The $418 million settlement that has rocked the real estate industry since it was announced by the National Association of Realtors continues to be a hot topic, and as the dust begins to settle, industry professionals are creating a strategy for what to do once the changes go into effect. Writer Nicole Murray sat down…
Realtor.com is expanding its ad campaign championing homebuyer representation to focus in on underrepresented and marginalized groups. The campaign, launched in April, seeks to empower buyers’ agents in the wake of the National Association of Realtors (NAR) settlement, which undoes NAR’s typical commission structure and puts buyers in the driver’s seat when it comes to…
The Department of Veterans Affairs announced a temporary fix to a lending issue that arose from the National Association of Realtors $418 million settlement. Under the terms of the settlement, sellers are expected to negotiate with real estate professionals, and buyers have to enter into agreements with, and pay for, their own realtors. For some…
By NICOLE MURRAY People who make their living helping homebuyers and sellers have spent the last two weeks figuring out what the $418 million settlement deal announced by the National Association of Realtors means for them and their clients. If approved by a judge, under the settlement buyers will be expected to enter into written…
Huge changes to Realtors’ commission structures may disadvantage VA buyers, at least in the short term. A $418 million settlement announced by the National Association of Realtors last week is set to have sweeping implications for the housing industry in general. If approved by a federal judge, it would undo NAR’s commission structure, which is…
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