New Rule Change Could Be ‘Worst Thing Ever’ for Realtors And Great News For Homebuyers, With This Real Estate Stock Seen As A ‘Beneficiary’

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Benzinga

In a recent settlement, the National Association of Realtors agreed to change its rule so that anyone who lists a home for sale on any of its databases can no longer offer commission to the buyer’s agent. If the court approves the settlement, the rule change would take place in mid-July. This could bring about a future where the seller would no longer be paying for the buyer’s agent, leading to more buyers being their own agents. The changes would “decouple” the commissions owed to the buyer and seller agents, allowing more flexibility in negotiation, according to Stephen Brobeck, a senior fel…

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