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Biggest shakeup in a century set to hit real estate agents this week: Here’s how they’re preparing | CNN Business

CNN
Summary
Nutrition label

71% Informative

Starting August 17 , new rules will change the way Realtors get paid to help people buy and sell their homes.

The changes are part of a $418 million settlement announced in March by the powerful trade group.

Some predict the rules will pave the way for new business models, like flat-fee and discount brokerages.

Many Realtors who spoke to CNN said they believe the new set of rules will reward more experienced agents.

Younger agents say age won't be a factor in the industry, but younger agents are more likely to leave the industry.

Flyhomes operates as a traditional real estate brokerage, but earlier this summer , launched an AI chatbot.

VR Score

78

Informative language

80

Neutral language

62

Article tone

informal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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