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8 Important Agent Takeaways From the NAR Lawsuit Settlement.
1. The MLS can no longer display commission offers
2. MLSs can’t create or support other sites to get around these policy changes
3. Buyers have to sign a written agreement before touring with you
4. Your compensation has to be clearly defined
5. You have to communicate that commissions are negotiable
6. You can’t filter listings based on buyer agent commissions
7. NAR is required to develop new educational content
8. Consumer awareness about commissions may have changed.
The top 10 search terms on Zillow
While some people may have their sights set on trendy home features like sensory gardens or pickleball courts, the most popular searches of 2023 largely consisted of classic amenities:
Garage
Backyard
Fireplace
Walk-in closet
Patio
Open floor plan
Pool
Family room
Basement
Granite counters
The list is a useful reminder that many buyers and renters are focused on the basics. They’re trying to answer questions like: Where will I park my car? Will I have ample storage? Will my kids have enough space to play?