The foundations of house shopping for are about to alter.
For many years, sellers have sometimes paid a 5% to six% fee after they promote their houses, with half of that going to the itemizing dealer and half to the client’s dealer.
Now a nationwide antitrust settlement stands to upend the mannequin. Come Aug. 17, new fee guidelines will take impact which have the potential to cut back prices for sellers, but in addition increase prices for house consumers.
If you’re promoting or shopping for a house within the coming months, you’ll have to navigate these guidelines and The Instances want to converse with you.
Please fill out this manner and a reporter might contact you.
