CNN —
Lower pay, intense competition for clients and a massive exodus of realtors. Those are some of the predictions that real estate professionals are making, anxiously, after the recent settlement from the National Association of Realtors with homebuyers, which establishes new rules for brokers that could upend the way Americans buy and sell their homes.
On Friday, the NAR announced that it had agreed to change some of its guidelines that critics said were behind inflated home prices. If approved, the settlement will likely lower commissions brokers have charged sellers and shared with buyers’ agents. Experts
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