"Realtors Brace for Impact: How Home Buying and Selling Could Change"

1 min read
Source: KLAS - 8 News Now
"Realtors Brace for Impact: How Home Buying and Selling Could Change"
Photo: KLAS - 8 News Now
TL;DR Summary

A proposed settlement to a lawsuit against the National Association of Realtors could fundamentally change the way real estate is conducted nationwide, disallowing home sellers from setting commission rates for buyers' agents and shifting the responsibility to buyers. Realtors in Las Vegas are worried about potential consequences, including increased costs for buyers and potential loss of agents. The upheaval adds to the stress of an uncertain housing market in southern Nevada, with some potential buyers feeling priced out of the market.

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