The NAR has settled, what happens in the short-term with the real estate market?

NAR Settlement Doesn't Require Commission Cuts
Does Bring Significant Changes
Written Agreements Now Required for Showing Homes
No Advertising Buyer Broker Commissions on MLS
Consumers Must Approve Realtor Compensation
Here are situations buyers and sellers should consider in the next three months before the NAR settlement changes take effect:
Buyers looking to purchase a home soon should act quickly before the requirement of a written agreement and unknown compensation requirements kick in.
Sellers who want maximum exposure of the buyer agent commission being offered should try to list their home in the next three months.
Buyers working with an agent should get clarity upfront on how their agent will be compensated, as they'll need to approve that compensation structure in writing after the changes.
Sellers should consider if there will be a slowdown in the real estate market as buyers and their agents sort out the compensation changes.
Both buyers and sellers should prepare for potentially more drawn-out negotiation processes over commission amounts once buyers see the new disclosures stating commissions are fully negotiable.
As a real estate agent on the coast of Georgia, I not only live a great coastal lifestyle, I help others to find the same adventures on their coastal journey. I'd love to talk to you about property down here on the coast. You can find my real estate channel here: @jeffwilliamssellshomes and on Instagram here: / goldenislesjeff