What Happens Now? NAR’s decision on Commissions.

Carol Pro Murray
Carol Pro Murray
Published on March 16, 2024

Today has been wild ๐ŸŒช๏ธ, and we have some groundbreaking news to share! ๐Ÿ“ข

๐Ÿก๐Ÿ’ผ A monumental settlement has just reshaped the real estate landscape, particularly affecting home sellers, real estate agents, brokers, and the National Association of Realtors (NAR). ๐Ÿคฏ๐Ÿ’ฅ

Here’s what we dive into:

๐Ÿ’ฐ The whopping $418 million settlement explained.
๐Ÿšซ Key changes including bans on certain commission practices.
๐Ÿ“‰ What this means for the industry’s commission structure.
๐Ÿค The importance of buyer-broker agreements going forward.
๐Ÿ—ฃ๏ธ Reaction from the industry and what it means for you.
๐Ÿ” Whether you’re an agent, broker, or just interested in the real estate world, this is one update you can’t afford to miss! ๐ŸŒ๐Ÿ“Š

Stay tuned as we unpack:

๐Ÿง Who’s included in the settlement and who’s not.
๐Ÿ” The potential shifts in how agents and brokers will operate.
๐Ÿ“š The legal and regulatory implications.
๐Ÿ‘‰ Remember to subscribe for more updates on this story and all things housing market! ๐Ÿ””๐Ÿ’ฌ Drop your questions and thoughts below; and I will get back to you.

Thanks for watching! ๐Ÿ“บโค๏ธ

#RealEstateNews #HousingMarketUpdate #NARSettlement #CommissionChanges #BuyerBrokerAgreements #RealEstateAgents #brokersarebetter

๐Ÿก Carol “Pro” Murray is a Realtorยฎ in Macomb County, Michigan, with Keller Williams Lakeside. The term “Pro” came from Provenzano, and it just stuck.๐Ÿ˜œ I’m a wife, mother of three, and grandma, and fondly go by the name Gee Gee to my littles. I can’t start my day without my coffee โ˜•๏ธ nor end it without connecting to my family.โค๏ธ

I’m so grateful for all my subscribers, and thank you for watching my videos!

๐Ÿ›Ž๏ธSubscribe for more Macomb and Oakland County real estate.
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Carol “Pro” Murray
Associate Broker, ABR, SRES, GRI
Keller Williams Lakeside
45609 Village Blvd.
Shelby Township, MI 48315
586-532-0500

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