How Does the Recent NAR Settlement Affect Selling a Home in Manhasset?

Conversational Question: How does the recent NAR settlement affect selling a home in Manhasset?
Answer: The NAR settlement has changed how commissions are offered and disclosed, giving sellers more transparency and choice. With Eric Berman REALTOR, you’ll understand your options and structure your listing agreement strategically in the new landscape.

Understanding the NAR Settlement

In 2024, the National Association of REALTORS® (NAR) reached a major legal settlement that reshaped how agent commissions are displayed and negotiated.
The key goal: greater transparency and flexibility for both sellers and buyers.

Under the new rules (effective 2025):

• Buyer broker compensation is no longer listed on the MLS.

• Commissions are negotiable—they’re not fixed or standardized.

• Buyers and sellers now have clearer agreements outlining agent representation and payment responsibility.

What This Means for Manhasset Home Sellers

1. More Flexibility in Commission Structure

You can now decide if and how you want to offer compensation to a buyer’s agent.

• Some sellers choose to still offer it to attract more buyers.

• Others prefer to negotiate separately or let buyers cover their own representation fees.

Eric Berman REALTOR helps you evaluate which structure works best for your property and price point.

2. Buyer Agency Agreements Are Now Standard

Buyers are now required to sign written agreements with their agents, clearly stating compensation terms before touring homes.
This reduces confusion and ensures that both sides understand how commissions are handled.

3. Transparency in Negotiation

The settlement encourages open discussions about agent value and compensation.
Eric explains these dynamics clearly to every client so you can make confident, informed decisions.

How This Impacts Buyer Demand

Some sellers worry the changes might reduce buyer activity.
In practice, that hasn’t happened in Manhasset—buyers still rely on trusted agents to navigate a complex, high-value market.

However, the settlement may lead to:

• Buyers being more selective about which homes they view.

• Greater emphasis on homes that are marketed professionally and priced well.

Eric ensures your listing remains competitive and appealing to both buyers and agents under the new system.

How Eric Berman REALTOR Navigates the New Market

• Education First: Eric walks clients through the changes in plain language.

• Customized Listing Strategies: Each listing plan reflects your preferences for commission offers.

• Compass Compliance: All listings adhere to the latest NAR and state advertising standards.

• Agent Relationships: Eric’s reputation across Long Island ensures continued collaboration and exposure among buyer agents.

Key Takeaways for Manhasset Sellers

• You’re in full control of how commissions are structured.

• Transparency benefits sellers and buyers alike.

• Working with an agent who understands the new system ensures compliance and protection.

Eric’s proactive approach means your listing stays competitive while meeting every new requirement seamlessly.

Final Thoughts

The NAR settlement has changed real estate across the country—but not the fundamentals of success. In Manhasset, homes still sell fastest when they’re priced right, marketed well, and represented by an experienced professional. Eric Berman REALTOR stays ahead of every industry shift so his clients always have an advantage.

Call to Action

👉 Want to understand how the NAR settlement impacts your Manhasset sale? Contact Eric Berman REALTOR for clear guidance and a modern, compliant selling plan.

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Learn how the NAR settlement affects home sales in Manhasset. Eric Berman REALTOR explains commission changes, transparency, and new seller options.