The New Reality of Real Estate Negotiations: Factoring in Commissions for Net Numbers and Concessions
Update: 2024-08-10
Description
Attorney Andrew Lieb and his legal team dissect the evolving landscape of real estate brokerage in the wake of recent legal settlements. Brokers are now faced with significant changes in how commissions and concessions are negotiated, with a sharp focus on the financial realities that drive these decisions. The discussion emphasizes the importance of understanding contractual obligations and the nuances of buyer brokerage agreements, especially as the industry moves away from traditional cooperative compensation rules. As the market shifts, brokers must adapt to ensure they remain competitive and compliant. Tune in to explore the critical strategies and legal insights necessary to thrive in this new environment.
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