Leave a Message

By providing your contact information to Abbey Adair, your personal information will be processed in accordance with Abbey Adair's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Abbey Adair at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

Yes, I agree to receive email or phone call communications from Abbey Adair. Yes, I agree to receive SMS text messages from Abbey Adair.

Thank you for your message. I will be in touch with you shortly.

NAR Proposed Settlement

Abbey Adair March 22, 2024

I am sure you have seen what’s going on in the news when it comes to Real Estate! The headlines have got it all wrong! Here’s what is actually happening!

NAR proposed a $418 million settlement as a result of the recent lawsuits, which addressed buyer’s agent commission
It’s Proposed, not final yet
It does not eliminate buyer agent compensation
Sellers can still offer compensation to the buyer’s agent, but it cannot be advertised on MLS
It will mandate that buyer-brokerage agreement forms be signed to establish expectations

Is this going to be a bad thing? No. It will actually be a very good thing for our industry.

Buyers will get to interview agents and decide if they want to work with them based on their value proposition. Compensation has always been negotiable, but it will be more negotiable now than ever. This proposed settlement will make commissions more transparent. That is a positive thing! The buyer-brokerage agreement will protect the buyer’s agents and their time. This will weed out the lazy agents.

What is a buyer-brokerage agreement?

Stay tuned for my next blog post to address Buyer Brokerage Agreements!

Recent Blog Posts

Stay up to date on the latest real estate trends.

Palm Beach County Housing Market Update Jan. 2026

The market is HOT!

Delray Beach Waterfront Lifestyle Guide For Boaters And Foodies

Beachside Living In Boynton Beach

Life In Ocean Ridge: Quiet Beach Town Living

SoSo West Palm Beach Neighborhood Guide For Relocating Families

End of Year Palm Beach County Market Update 2025

Starting off 2026 Strong

Palm Beach Homestead Exemption Explained

November 2025 Palm Beach County Market Update

Market Update

Oct 2025 Palm Beach County Market Update

October brought a noticeable jump in activity thanks to mortgage rates slipping back into the mid-6% range.

View All

Committed to Your Success

Embarking on a real estate journey can be daunting, but you don't have to do it alone. With my unique blend of educational insight and real estate expertise, I'm here to guide you through every step, ensuring a smooth, informative, and successful experience. Ready to get started? Contact me today, and let's make your real estate dreams a reality.

Work with Abbey