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Potential Real estate change coming soon!
Real estate agent commissions are being attacked once again, but as of age of myself, I was always deemed as a bargain brokerage. If I were to discount my commissions, to be competitive, the national association of Realtors seems to be losing the battle with the feds with their commission practices Are now affecting Home prices. What are your thoughts? Let me know. Check out this link. https://www.cbsnews.com/news/nar-lawsuit-verdict-real-estate-agent-commissions/
cbsnews.com
How real estate brokerage ruling could impact home buyers and sellers
Landmark verdict could ultimately reduce agent commissions by 30%, saving sellers a bundle, according to analysts.
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So what does this lawsuit against the National Association of REALTORS mean in layman terms?