2024 National Association of REALTORS® President Kevin Sears issued the following statement in response to President Biden’s remarks on lowering housing costs for American families: “While the National Association of REALTORS® appreciates President Biden’s continued focus on the affordable housing crisis, the President unfortunately repeated incorrect claims that the recently announced settlement agreement allows Americans to negotiate commissions for the first time. Commissions were already negotiable before this resolution was reached and will continue to be negotiable as they have been.
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