Ready or not, as of August 17 the new normal for all buyers nationwide will be to sign an agreement with their representing broker to agree to pay their broker's compensation at the end of a purchase. If you are a buyer be sure you understand what you are signing and the ways the buyer's broker could actually be paid the amount the buyer agrees to pay through negotiating with the selling side. (Seller can legally cover your agreed amount.) See below for the options permitted by the NAR settlement. This is a big shift in the way we do real estate sales but everyone will have to do it to be in compliance. If you have any questions call me.
Old Malls = New Housing