Is A Commission Agreement Now Required To ‘Tour’ A Miami Condo Listing?

Following the National Association of Realtors® $418 million settlement to resolve “antitrust claims,” buyers working with NAR members are required to sign commission agreements in certain situations.

Juana Watkins is the general counsel for the Florida Realtors association, which has some 238,000 members in the sunshine state. (Image courtesy of YouTube)

Buyers who are looking to purchase a condo in Miami, South Florida or anywhere else in the sunshine state better have a pen handy if they want the assistance of a Realtor®.

That’s the takeaway from a nearly 26-minute video featuring Juana Watkins, the general counsel for the Florida Realtors® association, that was posted July 30, 2024, on YouTube under the account name “Florida Realtors Tube.”

Florida’s residential real estate industry forever changed this week with the implementation of rule modifications resulting from the National Association of Realtors® $418 million settlement of “antitrust claims.”

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