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Unlocking Home Affordability Secrets: Commission Cuts Slash Home Prices!

Due to a lawsuit, the National Association of Realtors is changing its commission rules. Home sellers will now pay less, while buyers may pay more for agent services. The lawsuit and settlement challenge NAR's traditional commission structure, paving the way for new models like flat fees. This could disrupt the industry, leading to new competitors and potential changes in how real estate agents are compensated.