Today has been wild ๐ช๏ธ, and we have some groundbreaking news to share! ๐ข
๐ก๐ผ 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). ๐คฏ๐ฅ
Here’s what we dive into:
๐ฐ The whopping $418 million settlement explained.
๐ซ Key changes including bans on certain commission practices.
๐ What this means for the industry’s commission structure.
๐ค The importance of buyer-broker agreements going forward.
๐ฃ๏ธ Reaction from the industry and what it means for you.
๐ Whether you’re an agent, broker, or just interested in the real estate world, this is one update you can’t afford to miss! ๐๐
Stay tuned as we unpack:
๐ง Who’s included in the settlement and who’s not.
๐ The potential shifts in how agents and brokers will operate.
๐ The legal and regulatory implications.
๐ Remember to subscribe for more updates on this story and all things housing market! ๐๐ฌ Drop your questions and thoughts below; and I will get back to you.
Thanks for watching! ๐บโค๏ธ
#RealEstateNews #HousingMarketUpdate #NARSettlement #CommissionChanges #BuyerBrokerAgreements #RealEstateAgents #brokersarebetter
๐ก Carol “Pro” Murray is a Realtorยฎ in Macomb County, Michigan, with Keller Williams Lakeside. The term “Pro” came from Provenzano, and it just stuck.๐ 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.โค๏ธ
I’m so grateful for all my subscribers, and thank you for watching my videos!
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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