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Real Estate Commission Changes 2024 – NAR Settlement Explained
Manage episode 437961429 series 3597521
Konten disediakan oleh Stamps Real Estate Investment, Brett Bernard, Jeff McKnett, and Nick Gibson. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Stamps Real Estate Investment, Brett Bernard, Jeff McKnett, and Nick Gibson atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
The 2024 real estate landscape is undergoing significant shifts, particularly following the recent settlement involving the National Association of Realtors (NAR) and several major brokers in Missouri. The case brought to light a conspiracy to fix commissions, where NAR and these brokers were found guilty of maintaining a standard 6% commission rate across transactions, restricting competition and negotiation. This settlement, while seemingly a victory for sellers looking to reduce costs, introduces a new set of challenges and considerations for buyers, sellers, and especially real estate investors. As we navigate these changes, understanding their impact on various facets of the market becomes crucial for making informed decisions.
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