• 1f. Real Estate Trends and News – North Texas

  Presidents of North Texas realtors groups say settlement proposal likely not a b

  Posted by propshop_connector on 18 July 2024 at 5:40 PM

  https://www.cbsnews.com/texas/news/proposed-418m-payout-by-national-association-of-realtors-could-shake-up-north-texas-housing-market/

  CBSNEWS Writes:

  “NORTH TEXAS — The cheers and confetti associated with a $418 million settlement between home sellers and the National Association of Realtors have left many in Texas wondering about the impact.

  Lauding the removal of the 5-6 percent standard commission starts the pondering. Metro Tex President Ashley Gentry said her members are concerned, but they will get paid for their work.

  “There have been industry shakeups, changes, disruptions since we’ve gotten the business,” Gentry said.”

  Read more in the article below:

  

  cbsnews.com

  Presidents of North Texas realtors groups say settlement proposal likely not a bridge to cheaper homes

  The presidents of two realty associations in North Texas said negotiating a commission with a real estate agent doesn't require a lawsuit in Texas. Commissions have always been up for hammering out.

  propshop_connector replied 9 months, 1 week ago 1 Member · 0 Replies
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