V
eterans benefit from expert guidance in navigating home loan options and a competitive market. The National Association of REALTORS expressed gratitude to the Department of Veterans Affairs for temporarily allowing veterans to directly compensate real estate representatives when using VA home loans.

    This policy change is crucial, especially with the recent passage of the VA Home Loan Program Reform Act. Professional representation helps veterans make informed decisions throughout the home buying process, from property selection to closing. Real estate professionals ensure properties meet VA standards and guide veterans through negotiations and inspections.

    The VA home loan program has supported over 490,000 home purchases and refinances in 2024, demonstrating its impact on today's housing landscape. However, outdated rules had barred users of the VA program from compensating buyer-side agents, creating an imbalance that left veterans at a disadvantage in competitive markets.

    NAR emphasizes that veterans deserve flexibility in structuring their real estate transactions, just like other home buyers. Directly compensating trusted real estate professionals ensures parity between veterans and the broader market, promotes clarity among stakeholders, and supports the VA's mission of fostering financial stability through responsible homeownership.

    As VA loan usage evolves across demographics and generations, flexible compensation options are essential for the veteran population. NAR urges the Department of Veterans Affairs to implement permanent changes, citing the passage of the VA Home Loan Program Reform Act as a catalyst for this change.