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The recent National Association of Realtors settlement could lead to a 30% reduction in broker fees to the seller, resulting in a 7-10% increase in home sales. The settlement introduces changes to commission norms and exclusivity agreements, impacting all parties in real estate transactions. Various experts and media outlets are discussing the potential effects on buyers, sellers, and agents, with a focus on the impact on first-time homebuyers and the overall real estate industry.
#NARSettlement: How will #BuyerAgents compete to empower homebuyers to #Save_30B? #RegulatoryCapture: Will RE regs written 25 yrs ago block moneysaving innovation - #Fee4Savings? Watch @T3Sixty 1p: Elevating Unique Value Proposition #RECALL #RESages DM https://t.co/Cn7ylJjuzV https://t.co/qaN9HmzUfh
Condos on this San Francisco island sell for as high as $4.4 million. Here's what life is like for the first residents By @SFjkdineen https://t.co/pvUxhBNORa via @sfchronicle
A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners. https://t.co/X4yePbS5gA