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Today, we’re diving into an important topic that’s going to affect everyone in the real estate world: the new NAR Commission Settlement. If you’re planning to buy or sell a home, or if you’re a real estate agent, you’ll want to stick around to understand how this settlement might impact you. NAR stands for the National Association of Realtors. It’s a major trade association in the U.S. that represents real estate professionals and helps set standards for the industry. Recently, NAR has been involved in a significant legal settlement related to how real estate commissions are handled. I’m here to walk you through the three crucial changes in the NAR settlement that you need to know before buying or selling your home!
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