New Real Estate Commission Laws 2024. The national association of realtors’ recent legal settlement would remove offers of compensation from the mls and require agents to sign contracts with buyers. Discover the new real estate commission rules in florida effective july 2024.
Among these changes, home buyers working with realtors will now be required to enter into written representation agreements during the home buying process. The recent $418 million joint agreement sought to resolve two antitrust cases in which the plaintiffs brought claim against the nar over its compensation rules with the multiple listing service.