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NAR and the lawsuit regarding Real Estate commissions

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NAR and the lawsuit regarding Real Estate commissions

You may be aware of the recent developments concerning the lawsuit regarding real estate practices.  A settlement has been reached by The National Association of Realtors (NAR) and is awaiting court approval.  If approved by the court, the settlement requires two changes to go in effect in July. Those changes would be:

  • The commissions offered by the Seller to be paid to Buyers Agents will no longer be allowed to be published in the MLS.
  • Buyer’s agents will be required to have a written buyer’s representation agreement prior to showing any property.

At Chase International, your trust means everything to us. It’s always been at the heart of everything we do, and that won’t change. We’re committed to continually provide you with outstanding, transparent service every step of the way. 

If you have any questions about how this might affect you, whether you’re buying or selling, please don’t hesitate to contact me directly. Your satisfaction is our top priority. 

Trinkie