Episode Synopsis "Who Pays the Realtor in 2024? Shifting Real Estate Commissions"
In our latest episode, "Who Pays the Realtor in 2024? Shifting Real Estate Commissions", we examine the DOJ's latest guidelines revolutionizing Realtor compensation. Previously, sellers were typically responsible for the buyer's Realtor fees, but now, buyers must negotiate these costs directly. This pivotal change aims to clarify and modernize the financial dynamics of buying property. We also explore how technological advancements, like Zillow, support self-representation, though caution remains essential to avoid potential pitfalls. As the real estate industry awaits standardized contracts from authoritative bodies, we discuss what these changes mean for buyers, sellers, and Realtors alike. More about this episode: https://propertymanagementmemphis.com/podcast/who-pays-the-realtor-in-2024-shifting-real-estate-commissions/
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