NAR Settlement Update: “Steering” Fears Grow, Agents Are Trapped

"the realer is probably going to be you know motivated to steer towards the place that his commission is guaranteed and would not become a closing cost and expense to his buyer right it's covered by the seller this is a tricky thing for agents to be in"

"if you have a property that's going to get a lot of offers there's not enough inventory there's more demand than Supply in many cases you don't have to pay or offer as high of a commission to a buyer agent you might even get away with offering nothing and if 12 offers are coming out on your house the buyer going to have to pay their own commission"

"buyers are going to steer themselves they're going to go to the house that costs them less out of pocket and if that means going to a house that has the buyer's agent fee already guaranteed"

"it's putting these agents in this place where it's going to become very very difficult to secede without being accused of something in every other article now"

"there's going to be a lot more due diligence that needs to be done and if you want want some advice on where to find people to do that due diligence on Bigger Pockets has an agent finder tool as well as a lender finder tool"

"I think that the way that this plays out is that it's going to be harder for your average Joe to buy a house which is going to give an advantage to the professional home buyers that you are competing with over these same assets"