Real estate agent uncovers 'misinformation' involving major settlement that could shake up industry practices

A New York and Connecticut practicing realtor is sounding the alarm over "misinformation" involving a landmark settlement that could impact real estate practices and commissions as we know them. "I know I speak for a lot of real estate professionals when I say that we’re upset with a lot of the misinformation that is getting circulated about the proposed settlement," realtor Brittany Sandarciero told Fox News Digital.

The amounts may vary, and buyers will either have it negotiated along with the price and then some come out of pocket." "Buyers were always paying the commission one way or another through the purchase price. So, ultimately, nothing is really changing in this aspect," she added. NAR said in a statement to FOX Business that the group does not set commissions and that they are negotiable.

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