Real-estate agents across the U.S. are bracing for historic changes in the industry that will affect the way they get paid for helping people buy and sell homes.
The new rules, set to go into effect later this week, outline a new path ahead for the industry — one that Leo Pareja has been trying to figure out for the past few months.
Forthcoming changes include a requirement that home buyers sign an agreement with their real-estate agent before they begin looking at homes.
Industry leaders say the new rules present a “learning curve” for both agents and buyers, signaling shifts in standard practices and expectations in real estate transactions.
Buyers and agents are encouraged to review the rules carefully to understand what they can and cannot do under the new guidelines.
Read more about this story on MarketWatch here.
