Compensation
Cooperative Compensation Removed From Revamped CAR Forms
Despite recent scrutiny, the California Association of REALTORS® (CAR) has shown a willingness to take feedback and adapt ahead of fast-approaching policy changes slated to hit the industry. CAR officials announced Wednesday that 30 new and revised forms were released as part of a semi-annual standard forms update. Most notably, the real estate organization has… […]
NAR Op-Ed: ‘Cooperative Compensation Will Continue to Be an Important Option for Consumers’
Last month, the National Association of REALTORS® announced a settlement that would resolve nationwide litigation over claims from home sellers related to broker commissions. The $ 418 million settlement, and the practice changes it will usher in, have led some to speculate that real estate agents are at risk of becoming obsolete. As someone who […]