As you might have seen, the nationwide NAR class action settlement takes effect on August 17th, 2024 (or even earlier depending on your local MLS, including Monmouth and Ocean County). This means some changes are coming for those looking to buy homes in Monmouth and  Ocean County with the help of a real estate agent. Keep reading to find out what you need to know to navigate this new landscape.

The way real estate agents get paid is changing—big time! Starting August 17, new rules have been shaking up how buyers and sellers handle commissions. No more seller-dictated payouts; buyers will now negotiate directly with their agents. This could mean more savings for buyers or higher profits for sellers, depending on how the market…

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