In a recent episode of the Real Estate Insiders Unfiltered Podcast, industry experts provide a deep dive into commission sharing practices for agents, highlighting the risks involved and discussing potential alternatives in light of upcoming changes by the National Association of Realtors (NAR). With NAR’s business practice changes set to take effect on Aug 17, agents are urged to reconsider how they structure their commission sharing agreements to align with the new regulations and maintain compliance.

Key points discussed in the podcast episode include:
– Analysis of current commission sharing practices among real estate agents
– Identification of risks associated with certain commission sharing arrangements
– Exploration of alternative commission sharing models in anticipation of NAR’s upcoming changes to business practices
– Consideration of how agents can adapt their commission sharing practices to comply with the new regulations and protect themselves from potential legal challenges.

You can read this full article at: https://www.housingwire.com/articles/real-estate-insiders-commission-sharing-risks-alternate-options/(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.