What do new home sales rules mean? Arizona real estate experts explain
Lower-end buyers may be unable to purchase a home if agent compensation fees aren't included in the mortgage, says an ASU real estate expert.
In this article published March 18, 2024, on 12 News:
Maybe one of the things that transpires is that you will find buyers, especially at the lower end of the marketplace, less able to afford to buy a house because they don't have the cash available to pay the agent.
– Mark Stapp, Fred E. Taylor Professor in Real Estate, executive director of the Master of Real Estate Development program, and director of the Center for Real Estate Theory and Practice
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