Posts with tag 'Changes to the real estate industry'

Plesko Real Estate Report

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July
25

On or about August 17th of this year, the way consumers hire and compensate their individual buying-side and selling-side real estate agents is changing drastically.

Our goal is always to ensure that our selling and buying clients are knowledgeable, and fully prepared to succeed in any type of market environment.  These changes impact both buyers and sellers.

Because of a National Association of Realtors (NAR) settlement with the Dept. of Justice (DOJ), there are big changes coming to how real estate agents operate, and how they are compensated.

Starting on or about August 17th of this year (exact date TBD), these changes will take effect in Florida:

 

  • Sellers of real property (all types of residential homes, including land) will no longer be obligated to offer compensation to buying-side agents...

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