How will the NAR settlement impact my plans to buy or sell in Raleigh North Carolina this year? 🏘️
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If you haven't heard the full story, a recent jury decision in a Kansas City federal court that found the traditional compensation model to be collusive and artificially inflating real estate fees. The National Association of Realtors will be paying out just north of $400 Million over the next several years. Most news sites were far too quick at stirring fear and confusion. 😒
Here's what the new won't say. We are NOT eliminating the 6% commission because it truely was ALWAYS negotiable. I recently went under contract on a home where I am paid a much smaller, flat fee!
There's more here than meets the eye, and I want you to be prepared. Let's discuss what actually happened, and what these potential changes might look like going forward in Raleigh North Carolina.
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Benjamin Carver Raleigh North Carolina Real Estate Agent 347204