New Buyer’s Agent Commission Ruling: What Does It Mean For Real Estate?
Wondering how the new buyers’ agent commission ruling will impact you? This webinar is your essential guide to navigating the financial shift & market shakeup in real estate.
Overview
The National Association of Realtors (NAR) has announced a major overhaul in how buyer’s agent commissions will be handled.
This shift marks a pivotal moment for the real estate sector. This adjustment places the responsibility on homebuyers to directly compensate their agents, a move that could influence market dynamics, especially those entering the housing market.
How will those changes affect the real estate industry? What would the buyer’s commission shift mean for title and escrow? How will the possibility of new commission financing models affect lending? What should we anticipate in the coming months?
Thursday, June 20, 2024 – 11am ET
60-minutes
What You’ll Learn
Implications for Buyers, Sellers, and Agents: Gain insights into how the new buyers’ agent commission ruling impacts financial responsibilities and strategic navigation for all parties involved in a real estate transaction.
Emerging Market Trends: Understand the anticipated market shifts, including the rise of mega teams, shared commission structures, and the consolidation of real estate agencies.
Affiliated Business Arrangements (ABAs): Explore the growing importance of ABAs in the real estate industry, the potential benefits, and the need for rigorous scrutiny and compliance to avoid legal pitfalls.
Consumer Behavior and Industry Response: Learn about changing consumer behaviors, the increased demand for transparency, and how real estate professionals must adapt to justify their value in a more educated and digitally literate market.
Meet your panelists
Marx Sterbcow
Managing Attorney
Stebcow Law Group
Michael Krein
CEO at RIO Software Solutions
President of the National REO Brokers Association
Mike LaRosa
COO
Florida Agency Network