The New Rules Are in Effect: The MLS Changes You Need to Know Now
On Saturday August 15, 2024, the New MLS Rules resulting from the settlement in the Sitzer Burnett Commission lawsuit by NAR went into effect. Here is a summary of what those rules are based upon what NAR and Inman News is reporting: Eliminate...The Big August 17, 2024 Changes Are Only Two Weeks Away—Are You Prepared?
Feeling overwhelmed by all the advice about how to handle commissions starting August 17, 2024? Confused about what to say to your buyers and sellers? Adjusting to the coming changes only requires a few simple tweaks in your language, transferring your listing...The One Step You Need to Take Today to Survive NAR’s New Commission Rules in July
Regardless of what happens going forward with the lawsuits at this time, the NAR owned MLSs will stop displaying a buyer’s commission fee sometime in late July. Furthermore, NAR’s new rules will require you to have a signed buyer brokerage agreement to show a...The Time to Take Action Is Now
The commission lawsuits have plunged the entire residential real estate industry into total chaos. Agents are in denial about what’s coming, but with NAR’s settlement agreement, in July of 2024, most MLSs in the country will no longer have a field for a buyer’s...The Pain of Changing Course
One of the most difficult decisions agents and brokers must make is determining what changes to implement in your business. For example, when you buy a new computer or get a new mobile device, you’re forced into dealing with all the changes in the new operating...
Subscribe Now
Get your copy of RealClues delivered to your inbox automatically every Monday.