Changes to Realtor® Commission Rules: Complete Guide for Moreno Valley Homeowners

forsalebykama • December 27, 2024

Why Fair Commission Matters: Protecting Your Investment and Getting Expert Service

A laptop computer is open to a screen that says `` compensation ''.
Real Estate Commission Changes 2024: What You Need to Know

The buzz is real! The real estate industry is experiencing one of its biggest shifts ever. From news outlets to the White House, everyone's talking about changes in how sellers compensate buyer's agents.


The Truth About the NAR Settlement

Let's clear the air. In March 2024, NAR President Kevin Sears announced a proposed settlement. Here's the real deal: NAR isn't admitting guilt – they're making changes so REALTORS® like me can continue helping families build wealth through homeownership.


What Actually Changed Regarding Compensation?

Real estate commissions can't be displayed in the MLS anymore. That's it!

Don't believe the hype when you hear "commissions are no longer required." As your REALTOR®, I need to set the record straight:

  • Sellers can still choose to compensate buyer's agents, through Broker Cooperation or Credit
  • Buyer representation remains crucial for smooth transactions
  • Compensation is still part of the home price – it's just not listed in the MLS


Why Seller Compensation Makes Sense

Think about it:

  • Many buyers are stretching their budgets for down payments and closing costs
  • Remember when you bought your home? Seller compensation helped make it possible
  • Most buyers need an agent's expertise but can't pay out of pocket


What Could Happen If You Don't Compensate?
  • Your buyer pool MAY shrink – fewer qualified buyers can afford representation
  • Unrepresented buyers might struggle with negotiations
  • Transactions could become more complicated


Remember, today's sellers are tomorrow's buyers. Before deciding against compensation, consider how it might affect your next purchase.


Want to discuss how these changes affect your property specifically? Let's talk!

Share this Post

By forsalebykama April 4, 2026
A modern 5-bedroom oasis featuring porcelain floors, custom glass stairs, and a private basketball court on a quiet, oversized lot.
By forsalebykama March 12, 2026
Moreno Valley/February 2026 Myth vs Fact Myth : There are plenty of homes to choose from Fact : With only 1.84 months' supply of inventory , Moreno Valley is experiencing a tight housing market, indicating limited choices for buyers. What this means: Buyers need to be prepared to act quickly and decisively in a market with low inventory levels. Myth : Home prices are skyrocketing Fact : The median sold price in February 2026 was $535,000, reflecting a 4% decrease from the previous month, indicating a slight cooling in price increases. What this means: This could be an opportune time for buyers to negotiate more favorable terms or find a home at a slightly reduced price. Myth : Homes are selling as soon as they're listed Fact : The median days on market for sold listings increased by 22% to 33 days , showing a slight slowing in the market pace. What this means: Buyers might have a bit more time to consider their options, although it's still important to stay proactive. Myth : New listings are overly expensive. Fact : The median list price for new listings is $565,000 , which is competitive compared to the median active list price of $580,000. What this means There are opportunities to find homes within a reasonable price range relative to the broader market. Local Point of Interest Moreno Valley offers access to scenic spots like Box Springs Mountain Reserve Park, providing outdoor recreation and hiking trails. Looking ahead , buyers should be ready to navigate a market with constrained inventory but with opportunities to secure a home at a competitive price. For personalized guidance and insights into the Moreno Valley market, connect with Kama Burton of CMB Realty Services at kama@cmbrealtyservices.com your expert agent in Moreno Valley!
By forsalebykama January 20, 2026
How Dr. King’s fight for "Open Housing" led to the Fair Housing Act of 1968 and where Moreno Valley residents can find housing discrimination resources today.
More Posts