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The Plaintiffs in the Burnett et al. v. NAR et al. class action lawsuit successfully advocated for transparent and negotiated commissions. Essentially, they seek the establishment of a free market economy for real estate commissions.
The chains of the Adversarial Rule have been broken and REALTORS® are free to share incentives that residential real estate Sellers offer to Buyers. Listing Brokers and Agents can also announce to Buyers that a property has been listed with a price that does not include any cooperative compensation.
Regardless of the Seller's pricing, Buyers must make offers to purchase with a clear understanding of what's the deal.
HERE’S THE DEAL is a platform designed to facilitate information exchange between Sellers and Buyers, providing crucial insights for accurately assessing property market values. Transparency and access to information are vital for creating a fair and competitive market environment.
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