Article 6KJVK US housing market faces biggest shakeup in years – here’s what we know

US housing market faces biggest shakeup in years – here’s what we know

by
Lauren Aratani in New York
from US news | The Guardian on (#6KJVK)

A powerful group has agreed to a rule change on how real estate agents are compensated - which could be a big deal for homebuyers

A major shift in how Americans buy homes could come this summer after a powerful real estate group settled an antitrust lawsuit, agreeing to change a rule that dictates how real estate agents are compensated.

If the settlement is approved by a judge, the rule change will start in mid-July, leaving the real estate industry scrambling over what the future of buying or selling a home will look like.

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