The recent settlement agreement between the National Association of Realtors (NAR) and various parties regarding business practice changes has caused a stir in the real estate industry. While it is evident that these changes will have a significant impact on how professionals in the industry conduct business, economists remain skeptical about the potential effects on the housing market. Despite the anticipation surrounding the new regulations, experts are unsure if they will result in any substantial shifts in the overall market dynamics.
Key points:
– National Association of Realtors (NAR) settlement agreement introduces business practice changes
– Impact on real estate industry operations
– Economists express uncertainty about effects on the housing market
– Skepticism regarding potential market shifts due to new regulations
You can read this full article at: https://www.housingwire.com/articles/interest-rates-not-commission-structure-will-dictate-housing-market-conditions/(subscription required)
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