Major changes are coming to the real estate industry | Here's what it means for buyers and sellers

This will impact both home buyers and sellers, particularly how they work with agents. It all stems from a massive settlement offered by the National Association of Realtors (NAR) to overhaul its longtime commission structure. The settlement hasn't received final approval but it was preliminarily signed off by a judge in April and the NAR is already planning to change some of its policies, beginning this July. "We had a very experienced agent to help us," noted Brian Kordeck. When …