NAR Settlement - Navigating the New Real Estate Market with Confidence

By John West

We understand that our clients are making big life decisions and are trusting us to help them make sure those decisions are wise ones. For us, it is not about transactions, it's about relationships.

With the National Association of Realtors (NAR) recent settlement, real estate professionals across the country are scrambling to come up with ideas that will aid in the transition once the settlement is approved. Is there really cause for concern? What are the changes exactly? How will the changes affect you? How will West Real Estate Group handle the change?

In this video, with our seasoned designated broker, Derek Cassel, we will explain all this and more.

Feel free to watch the complete interview above or use the timestamps below that will direct you to various points in the video.

0:00 — Introduction

0:48 — When will NAR changes take effect?

1:10 — Buyer’s agent’s compensation

1:30 — Changes in MLS

1:40 — How compensation will be negotiated

2:15 — Permission in showing houses

2:25 — Current West Real Estate System

3:38 — Wrapping up

4:20 — Contact us

While it’s understandable to feel fear or apprehension regarding changes in something that has been a well-known system throughout past decades, there is not much difference for us at West Real Estate Group because of the way we do business–with open and clear communication, written agreements, and transparency.

So, even though there is no way for anyone to know what the housing market will look like once these changes are implemented, we are confident that we will go beyond our clients’ expectations. If you’re planning to sell your home or buy a home, please give us a call or send us an email. We’ll walk you through the next steps towards achieving your goal.