Real estate industry navigating changes to how agents get paid commission

  • 📰 KPIXtv
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Real Estate Noticias

México Últimas Noticias,México Titulares

A change in the way real estate agents get paid commission sparked questions and debates about the process of purchasing a home and who ultimately benefits.

Hari Iyer has been on a journey to buy his first family home, and he has been learning a lot about the process.'Patience, you know. It's terrifying when you see these home prices, so you really have to be strategic about how you choose things,' said Iyer. The National Association of Realtors recently settled a historic class action lawsuit, prompting significant changes that will impact all home buyers and the industry.

Many, including Annunziata, believe offering to pay the buyer's agent, even after the new rules kick in, could attract more buyers and ultimately help close deals. Housing analysts are trying to determine whether these shifts will impact the price of homes. 'It's not going to be a huge change to what folks are paying out-of-pocket for a home in the Bay Area,' said Mirante.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 443. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Real estate agent uncovers 'misinformation' involving major settlement that could shake up industry practicesNew York licensed real estate salesperson-certified buyer representative (CBR) Brittany Sandarciero explains misconceptions around a settlement from the nation's leading real estate trade group.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »