Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations

The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’ (NAR) settlement agreement—goes all the way to the top. In a campaign event yesterday, President Joe Biden, while speaking on housing affordability, incorrectly stated to thousands of people that “NAR agreed for the first time…

The post Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations appeared first on RISMedia.

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