National Association of Realtors Insights on Homebuyer Preferences
Wednesday, 3 April 2024, 11:42
Key Insights:
The National Association of Realtors (NAR) has observed that 90% of homebuyers have historically preferred to work with a real estate agent or broker.
Implications of the NAR Settlement:
The recent $418 million NAR settlement has brought concerns that real estate agents may be at risk of becoming obsolete.
- The association, however, predicts that the trend will remain unchanged due to the trust and expertise agents provide.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.