11/02/2024
For Real Estate agents:
‼️Starting January 1, 2025, new regulations concerning real estate agent split commissions in New York might come into effect, although the specifics are not fully clear yet.
Typically, such changes could involve adjustments to how commissions are split between buyer’s and seller’s agents, transparency requirements, or even caps on commissions.
To prepare for this, you should stay informed through official communications from real estate boards or legal advisors.