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#43 - The Dawn Of A New Era Of Real Estate Practice
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Starting August 17 we enter into a new era of real estate practice in terms of how the buyer's broker gets compensated for the hard work of the individual buyer’s agent.
There's a lot of information packed into this short episode. For convenience, please find a transcript to the episode here.
I’m going to keep strictly to the facts here. This is not the right time or place to offer an opinion, or to speculate about how all of the following will unfold. Frankly, it will take several months at minimum for each State, each region, each metro, each city, and possibly even each neighborhood to find their new normal.
Although these changes are national, I can only discuss the forms that we’re using in California since I’m licensed only in California and have access only to the California Association of Realtors forms library.
For Buyers: Please find a guide from the National Association of REALTORS® here.
For Sellers: Please find a guide from the National Association of REALTORS® here.
Declan Spring is a licensed CA REALTOR® DRE#01398898
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