Compass's push for exclusive listings sparks debate. Agents raise concerns about trust, transparency, and consumer best interests vs market share. Impact on agents, buyers, and real estate is discussed.
The present and future of residential real estate sales is rapidly evolving, but it's the agents on the front lines who can help industry watchers better understand what's really happening in the trenches.
A consumer watchdog's perspective on listing agreements: Ahead of the new industry practices that took effect in August, many brokerages, MLSs and associations spent the summer revising or creating buyer and seller contracts.
In its latest guide, NAR doesn't address the new rules directly but explains what it means for agents to act in the best interest of buyers and sellers.
Some brokerages — including giants like eXp and Anywhere — are advising their agents to use proprietary forms and avoid those from state associations, largely due to concerns with length, legal jargon and provisions that could be deemed unfriendly to consumers.
