What Home Buyers Need to Know About the NAR Settlement
Posted by Florida Realty Marketplace on
What Home Buyers Need to Know About the NAR Settlement
Navigating the real estate market can feel overwhelming, especially with recent changes like the National Association of Realtors (NAR) settlement. You may be wondering, "What does the NAR settlement mean for buyers?" In short, the settlement introduces new rules that can affect your relationship with real estate agents, as well as how commissions are handled. Let’s break down what this means for you as a home buyer.
What Is the NAR Settlement and Why Does It Matter?
The NAR settlement is a major legal agreement designed to increase transparency in the real estate industry, particularly when it comes to how agents are compensated. It was brought about by claims that the way commissions…
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