The National Association of Realtors (NAR) commission settlement is currently under review, with implications for the real estate industry. Dave Broeksmit, a prominent figure in the mortgage industry, has stated that if approved, this settlement could lead to opportunities for alternative business models that prioritize buyer representation. This shift may have a significant impact on how transactions are conducted within the industry.

Key points:
– The NAR commission settlement is being considered for approval
– Dave Broeksmit believes that this could create opportunities for new business models focused on buyer representation
– The potential changes could reshape how transactions are conducted in the real estate industry
– The implications of this settlement may have far-reaching effects on industry practices and standards.

You can read this full article at: https://www.housingwire.com/articles/mba-president-sees-opportunities-for-dual-licensing-in-post-settlement-landscape/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.