Real Estate: Newest News & Updates On Real Estate, Property Market News The Economic Times
In a press release, NAR’s interim CEO, Nykia Wright, stated that the organization’s aim is “to preserve consumer selection and protect our members to the best extent possible”. The settlement comes out of a sequence class-action lawsuit from house sellers who argued it was unfair they had to cover the commissions of buyer brokers. “The high mounted charges that don’t rely upon experience is what stored lots of people available in the market. Even working with only one deal makes it worthwhile for folks to remain,” Gilbukh said. Some buyer brokers should try to break up commission with seller agents…