General World News

VA issues temporary fix to allow buyer-paid broker fees

The U.S. Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee.

The change, a result of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, was anticipated late last month and commented on by Michelle Corridon, the deputy policy director at the VA. She said that a circular would be issued while the agency is engaging in a details ⇒

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