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Commission Lawsuit Aftermath: What Brokerages Need To Do

Industry Relations

CHAPTER

The Importance of Soft Injunction

"I don't think it's like really feasible that right out of the gate, a consumer is just going to go out there and like, ta-da. Now I'm empowered to do everything," he says. "There's an inertia with how the business has been done with buyer agents and sellers, agent and everything else." If NAR successful in having the rules change, where banks would finance buyer commissions will take some time before they can be used by all buyers at once,. He adds: "It could take a couple of years for even this, if this lawsuit goes through to still happen".

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