This time last year, various news outlets were covering the class-action cases that the National Association of Realtors (NAR) had settled. Each piece, whether published, broadcast, or streamed, all shared a common misconception--that the real estate world as we knew it was going to be turned upside down, speculating that real estate agent commissions were changing forever.
We were told that sellers would save money on lower commissions. We were told buyers would now pay their agents on their own (many don't have the cash). And we were told that the advantages to the sellers would catapult them over buyers, and they would clear more money at closing.
I sell only in central Arkansas; I won't comment how things are elsewhere. As for right here, very little has changed. None of the predicti