Predictions from this Video

Total: 3
Correct: 2
Incorrect: 1
Pending: 0
Prediction
Topic
Status
Buyer agent commissions will likely be included in the offer and rolled into the home's selling price, rather than paid directly out of pocket by buyers, once the settlement changes take effect (after July 2024).
"one I believe that buyers probably wouldn't want to pay a cost like this out of pocket especially when so many buyers are cash strapped to begin with this means that any commissions simply get written into the offer and then baked into the selling price that they ultimately pay"
Buyer Agent Commissions
Correct
The NAR settlement will not cause housing prices to decrease after its implementation (after July 2024).
"no I don't think this is going to do anything to bring down housing prices"
Housing Prices
Correct
The NAR settlement will significantly increase competition among buyer agents after its implementation (after July 2024).
"but I do think it's going to promote a lot more competition between buyer agents who previously could skirt away doing the bare minimum not So Much Anymore"
Real Estate Agent Competition
Incorrect