NAR Settlement Explained: Impact on Home Sellers

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Are you a home seller concerned about the recent NAR settlement and how it affects you? Dive into this detailed discussion where I, TNRealEstateGal, break down the NAR Fact Sheet and explain the significant changes in real estate regulations that could influence how you sell your home. Today, I'm covering everything from the choice of offering buyer broker compensation to the strategic use of non-MLS platforms for advertising your property. We'll explore the critical shift in how compensation offers are communicated and what this means for your listings on MLS.
Key highlights include:
Understanding your rights and options for offering compensation.
The crucial disclosures you need to be aware of.
Changes to MLS listings and how they impact your ability to market through buyer broker compensation.
Alternatives for promoting your property via social media, flyers, and other off-MLS platforms.
What remains unchanged in the realm of real estate negotiations and ethics.
These changes are set to take effect on August 17th, with many MLS systems adopting the new rules as early as August 1st. If you're planning to list your home or are just curious about the evolving landscape of real estate, this video is a must-watch!
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