V.A. Loans Don’t Cover Commissions. How Will Veterans Afford New Fees?
The New York Times-Real Estate·2024-04-21 06:02
A recent landmark settlement that could significantly change how real estate agents are paid could also have an adverse effect on a sector of potential home buyers who often rely on government-backed mortgages: military veterans.
The National Association of Realtors agreed to change its rules to settle a multitude of legal claims from home sellers who argued that the trade group’s policy on commissions forced them to pay excessive fees.
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