Navigating Real Estate Changes
Posted by Kenneth Jones Team on
Changes to the real estate process went into effect this August. Since they were announced, we have heard a lot of misinformation about what this does and doesn’t mean for homebuyers and sellers.
Below, we have addressed three common myths about these changes and the facts to help you better understand how these changes affect you.
MYTH 1: The NAR settlement will eliminate real estate fees.
FACT: The settlement aims to enhance transparency in compensation. Buyers and sellers in Texas can continue to benefit from hiring REALTORS® to guide them through real estate transactions with skill, care, and diligence.
MYTH 2: Buyers will have to pay their REALTORS® out of pocket.
FACT: There are various ways buyers may pay for the service of…
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