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Michigan Association of Realtors Forms

Michigan Association of Realtors Forms

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Instructions and help about Michigan Association Of Realtors Forms

all right thank you Brian well there are some changes starting today which affects how real estate agents collect fees or commissions for the sale or even the purchase of a home and this after a lawsuit accusing the National Association of Realtors of conspiring to keep commissions artificially High yeah the class action lawsuit the group has agreed to the new rules which makes the process more transparent those rules go into effect today but what does any of this mean I have no idea Shantel hin as a real estate broker she also happened to be the ones who sold my last house so I just called her up said I don't know what's going on here please explain it to me so um can you just put very simply what do these changes mean yeah so they mean first of all more transparency overall in our industry which is a good thing uh additional negotiations also a good thing but really there are three key changes that are taking effect today um and they start with the seller so the selle

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