New NAR Rules Governing Real Estate Sellers and Buyers With Raquel Fernandez, #214

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In March, The National Association of REALTORS® (NAR) settled an antitrust lawsuit. The lawsuit alleged that NAR didn’t allow sellers to negotiate what they could pay buyer’s agents. The changes outlined in the settlement will impact “business as usual.”

As of August 17th, 2024, the way home-buying and selling transactions happen will change. Raquel Fernandez—a realtor with over 20 years of experience—joins me to share what the changes look like for buyers, sellers, and their brokers. Anyone who owns a home—or is looking to buy one—needs to know this information.

You will want to hear this episode if you are interested in...

The NAR lawsuit is settled: Now what? [1:20]
What do the changes mean for you? [2:56]
Debunking the fake news [9:49]
What happens if the seller doesn't pay commissions? [16:42]
What do the changes mean for the future? [27:00]

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