On Friday, the National Association of Realtors made a significant decision. They agreed to pay $418 million over four years and implemented a set of comprehensive changes to their regulations regarding the manner in which broker and agent commissions are presented and provided. This move marks a pivotal moment in the real estate industry, signaling a shift towards greater transparency and fairness for both buyers and sellers alike.
Join us on this exclusive episode from Inman.com livestream where James, Keith, and Ed Zorn, the general counsel of California Regional MLS, delve into breaking news from Inman.com. This settlement marks a rapidly evolving narrative that could define the industry’s landscape for years to come.
In this episode, they dive into the implications of the settlement, exploring its potential impact on a revamped sales approach and the reasoning for eliminating MLS offers of compensation. Tune in to the complete discussion.
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This podcast is produced by Two Brothers Creative 2024.
