https://www.cnn.com/2024/08/17/business/nar-realtor-settlement-what-changes-wellness/index.html
So basically the amount paid to the real estate agent will likely need to come out of your own pocket now. Plus the down payment. 😢
The NAR settlement comes into effect today: Here’s what changing and why | CNN Business
On August 17, a new set of rules governing the way most real estate professionals do business in the US officially take effect – and the changes could potentially upend the way Americans buy and sell homes.
https://www.cnn.com/2024/08/17/business/nar-realtor-settlement-what-changes-wellness/index.html
In this new rule they now require you to exclusively sign with an agent just to be shown a house. We've been looking at homes for 2 years now and I haven't found 1 agent that's worth signing with. These agents are lazy, they expect you to do their work. I used to work for an old school agent who actually worked hard at finding a home for his clients. Where I live now, that type of agent doesn't exist. I refuse to be held hostage to just view a home, by all these bad agents. Do a better job people!!!
