Iowa Realtors expect new settlement may increase market transparency, but not significantly decrease home prices due to discounted commission rates for sellers.
Real estate market transparency may increase, but rapidly rising home prices may not significantly decrease due to a new settlement, according to multiple Iowa Realtors. The settlement could lead to more brokers offering discounted commission rates to sellers, although the overall housing market impact remains uncertain. The settlement is subject to court approval and expected to take effect in July.
April 14, 2024
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