realestate

Homebuyers face confusion, frustration with new regulations

Few agents report seeing cuts in real estate commissions, at least for now.

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ew home buying rules have sparked confusion and frustration among Realtors, who report feeling overwhelmed by the changes implemented on August 17. Despite concerns about commission cuts, few agents have seen a reduction in their earnings so far.

    At the California Association of Realtors' annual conference in Long Beach, attendees expressed unease about the new regulations. The three-day event drew around 7,200 members, who gathered to discuss industry developments and network with vendors.

Homebuyers confused amidst regulatory changes in real estate market nationwide.