Key Changes Impacting Homebuyers and Sellers

Reported 2 months ago

Starting August 17, significant shifts in the real estate market will empower buyers and sellers by allowing them to negotiate agent commissions independently. The new rules, stemming from a class-action lawsuit, eliminate the previous practice of sellers funding buyer's agent commissions, potentially reducing overall home prices and marking a move towards a more consumer-friendly real estate industry.

Source: YAHOO

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