In nearly all major U.S. housing markets, buyer’s agent commissions have experienced a noticeable decline following the announcement of the settlement involving the National Association of Realtors (NAR). This development has sparked conversations and concerns within the mortgage industry due to its potential impact on real estate transactions. It is crucial for industry professionals to closely monitor these shifts and adjust their strategies accordingly.
Key points:
– 47 out of 50 U.S. housing markets have reported a decrease in buyer’s agent commissions post-NAR settlement news
– Industry experts are analyzing the implications of this trend on real estate transactions
– Professionals in the mortgage industry should stay informed and adapt their approaches to navigate potential challenges and capitalize on opportunities in the evolving market landscape.
You can read this full article at: https://www.housingwire.com/articles/what-buyers-agents-are-being-paid-in-your-market/(subscription required)
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