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July 4, 2024

NAR Settlement Update

NAR Settlement Update

We discuss the ongoing changes within the National Association of Realtors (NAR) and their impact on the real estate industry. As the dust settles, we explore the implications of removing the commission box and introducing the buyer broker agreement. Discover how different MLS regions are responding, with some choosing to retain the commission box for clarity. Learn about the potential shift towards statewide MLS systems and the need for real estate professionals to adapt to these evolving standards. Stay informed and prepared for the future of real estate transactions.

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