Neighbors Realty Founder Brad Twiss on the NAR Commission Changes (Marketplace)

Prospective Buyers walk up to an open house

When a national settlement changed how buyer’s agents get paid, Marketplace asked Neighbors Realty owner Brad Twiss what it would mean for Portland buyers and sellers.

Starting August 17, 2024, listing agents could no longer post buyer’s agent compensation on the MLS. Brad expected the day-to-day impact to be modest, saying “not a ton is going to change.” He predicted buyers would ask sellers to cover their agent’s fee in their offers, and that many sellers would agree in order to attract strong offers.

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