Lowcountry realtors react to proposed national real estate settlement
CHARLESTON, SC (WCSC) – A proposed multi-million-dollar settlement with the National Association of Realtors is getting Lowcountry real estate agents talking about how this will impact their businesses and the home-buying process.
Some agents say it is not going to change so much for the average real estate agent and how they do business. But what will change is how the average home buyer might go about getting representation for when they want to buy a home.
This is because it might cost a buyer more in commission fees than before.
Lee Allen, managing broker at Corcoran HM Properties, says