Buying a Home Just Got Harder: How the New Commission Rules Impact You
Posted by Michael Perna on
Buying a Home Just Got a Lot Harder: Navigating the New Real Estate Landscape
As of August 17, 2024, significant changes have been introduced into the real estate industry, fundamentally altering the way transactions are conducted and affecting both buyers and sellers. These changes have sparked confusion and concern among potential homebuyers, particularly those living in Metro Detroit or considering moving to Metro Detroit. This article aims to demystify these new regulations, explain their implications, and provide insight into how both buyers and sellers can navigate this evolving landscape.
Understanding the New Commission Rules
One of the most significant changes revolves around how real estate commissions are handled,…
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