Does procuring cause still exist? Implications of NAR lawsuit changes for buyers, agents, and the industry.

In this episode of Real Estate Closing Arguments, Grant discusses the significant changes in real estate commissions and the implications of buyer broker agreements following the NAR settlement. He emphasizes the importance of understanding these changes for both buyers and realtors, highlighting the shift in responsibility for commissions from the MLS to the buyer. The conversation explores the concept of procuring cause, the legal obligations of buyers, and the challenges faced by agents in enforcing agreements. Grant concludes by urging the industry to focus on the buyer's obligations and the necessity of clear communication regarding contracts.