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EP: 0041 - NAR Settlement & Real Estate Changes in the PNW w/Nathan Butcher.
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The NAR (National Association of Realtor) settlement was enacted into law, and Realtors are now working with new rules regarding fees and disclosures. What is not in the news is that in the PNW, Realtors are members of the Northwest MLS, a private MLS that had already adapted to many of the settlement requirements over the last few years. In this episode, Nathan Butcher and Paul Balzotti break down the changes and what they mean to the consumer and the industry in the Pacific Northwest.
1:00 Breaking down the 3 major changes to Real Estate related to the NAR settlement.
7:40 One major change that has not changed in the Pacific Northwest.
8:43 Benefits of the changes.
14:00 Services and communication around a buyer service agreement.
23:30 Frequently asked questions around the news, and how Nathan and Paul are responding.
Nathan Butcher can be reached at nathanbutcher@johnlscott.com or 360-389-3002.
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