A lot of you have asked how you should discuss the NAR settlement with your Seller.
Today I discuss some of the main points you want to emphasize to your seller about how the settlement did not change the law nor did it prohibit a seller from paying a buyer commission.
I also discuss what the law suit was really about and what it was intended to change. Spoiler alert, I think it accomplished that intent. Of course, it will come with a lot of collateral damage.
Don't forget to like us and share us!
Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
A lot of you have asked how you should discuss the NAR settlement with your Seller.
Today I discuss some of the main points you want to emphasize to your seller about how the settlement did not change the law nor did it prohibit a seller from paying a buyer commission.
I also discuss what the law suit was really about and what it was intended to change. Spoiler alert, I think it accomplished that intent. Of course, it will come with a lot of collateral damage.
Don't forget to like us and share us!
Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.