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Ben 🟪
@benersing
This is big news. A seismic shift is underway. https://www.cnn.com/2024/03/15/economy/nar-realtor-commissions-settlement/index.html
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Pierrick
@pierrick
Wouldn’t this kind of change incentivize realtor to appraise houses at a higher price though?
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Mandy McGill
@mandymcgill
Homes are appraised by independent appraisers, not realtors. The home cost is influenced by comparable homes in the market.
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Ben 🟪
@benersing
Could be. The bank appraisers have the most influence on final price in most cases
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