🏡 Big news for real estate professionals! The National Association of Realtors settled the commission lawsuit for $418 million, bringing major changes by mid-July. Here's what you need to know:

1️⃣ Compensation disclosure on MLS listings is changing. Sellers can still compensate buyer agents, but it won't be as explicit.

2️⃣ Buyer agency contracts will be mandatory before property showings, potentially affecting current business practices.

Stay ahead with these tips:

Develop efficient systems to handle compensation inquiries. ✅

Ensure buyer presentations highlight your unique value. ✅

Focus on client needs amidst legal changes. ✅

Embrace education over defensiveness to attract clients. ✅

Face the storm head-on, adapting your business for success. ✅

Let's navigate these changes together! 🌟 Schedule a call and learn about our team! https://calendly.com/tomtoole