Special report: NAR's deadline day is here

A special report from The Real Deal — Everything you need to know about commission rule changes Aug 17, 2024 [Image]( [image]( Everything you need to know about NAR rule changes It’s deadline day. New rules by the National Association of Realtors pertaining to residential broker commissions are taking effect as part of its $418 million antitrust settlement. The changes require agents to enter into a written agreement with prospective buyers before touring a home and bar MLSes from displaying buyer agent commission offers. Forecasts for the post-deadline industry have included more negotiation and competition. With the deadline to implement those changes finally here, we’ve outlined what’s changing, what brokers are saying and the fallout still to come. [Read More]( REBNY or not: New York’s residential scene braces for NAR deadline The Real Estate Board of New York, though not a member of NAR, is recommending the use of written buyer representation agreements and makes the broker compensation field in its RLS optional. Agent exodus expected in South Florida as NAR policy changes take effect South Florida agents and brokers have spent months preparing for policy shifts that take effect this weekend, affecting how buyer’s agents are compensated, but buyers and sellers are just catching on. Coldwell Banker Realty’s Kamini Lane prepares for post-NAR brokering Coldwell Banker Realty CEO Kamini Lane spoke with The Real Deal about what the brokerage has done to prepare agents for the new rules stemming from the NAR settlement. CATCH UP   [I'm an image]( Real estate agents sue NAR over membership requirements   A coalition of metro Detroit real estate professionals initiated a legal challenge to mandatory membership requirements imposed by real estate associations. Read More [I'm an image]( Trouble looms for NAR even after Aug. 17 deadline   Even once the settlements are paid and the changes are implemented, NAR isn’t out of the woods. The specter of federal investigation is looming. Read More [I'm an image]( eXp unveils listing agreement ahead of NAR deadline   Three weeks before the deadline, eXp Realty released a listing agreement saying it “does not share commissions with a buyer’s broker." Read More [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( [YouTube]( [More Newsletters]( | [Unsubscribe]( | [Privacy Policy]( | [Subscribe]( The Real Deal 450 West 31st Street, New York, NY 10001 ©2024 TheRealDeal. All rights reserved. [View Online](