In today's video, Rick Powell from The Powell Group dives into the NAR settlement and goes over how Idaho real estate will be changed should the settlement be approved. Are buyer's agents ever going to be paid commissions? Will buyers pay less for homes? Are agents going to leave real estate as a whole? THere is a lot of misinformation about on this topic, Rick read the entire settlement agreement and shares his take here. Don't believe all the headlines and don't think government will pass up the chance to mess things up further than they already are.
Disclaimer: we are not lawyers nor are we interpreting the law. We are reacting to the settlement and quoting directly from the document. If you have any questions, check with your managing broker.