Originally Posted By: kelliott
This post was automatically imported from our archived forum.
Does anyone have any details about some legislation that is supposed to expire shortly, that if left unchecked will allow banks and mortgage companies to dabble in real estate, with the resulting “bundling” of costs creating a boon for them, and creating an upheaval for real estate as we now know it.
I’m wondering if this is something we need to be concerned about as home inspectors, and why would I care if banks and realtors have to compete? seems to me it would just give me an additional place to market my business. Apparently NAR is quite concerned about it, and is lobbying congress, but I haven’t gotten all the details. Wondering what anyone else has heard about this.