Confused by the NAR settlement and how it affects you?
We know that the National Association of Realtors (NAR) settlement agreement has been in the news and a topic of discussion. Please find below
resources that may help answer your questions.
Effective August 17, 2024, the following changes were made regarding
touring properties on the market with your Realtor and compensation offered. The Buyer's Agent compensation may no longer be displayed in the Multiple
Listing Service, but can be advertised in print, on property and on social
media. A Pre-Touring or Buyer Broker Agreement, with compensation stated on how the Buyer's Agent will be paid, must be signed by consumer before
touring any property.
Please visit the following site as an available helpful resource for further
information:
www.RealEstateCommissionFacts.com
As always, compensation for real estate brokers has always been, and
remains, negotiable.
If you have any questions please contact your Moorings real estate agent.
We are here to assist you.
Sincerely,
The Moorings Realty Sales Co. Team