PFS adviser Renee Sewall recently held a conversation with Scott Hardy (NMLS ID#: 186987), an experienced loan officer with American Security Mortgage Corp (NMLS ID#:1763096), to discuss the changes in realtor compensation that went into effect on August 17th. A series of legal settlements earlier this year drove significant structural changes in the way that buyer agents, in particular, will be compensated. We strongly recommend that any individuals considering a home purchase or sale in the coming months listen to Renee’s conversation with Scott and make sure they are informed about these changes prior to engaging a real estate agent for their services. (American Security Mortgage Corp is an Equal Housing Lender, www.nmlsconsumeraccess.org.)
If you have any questions about how these realtor compensation changes may impact you, please do not hesitate to contact PFS or Scott Hardy for more information.
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