This as-told-to essay is based on a conversation with Mukul Lalchandani, a 44-year-old real-estate agent from New York.
I decided to become a real-estate agent so I could prevent other immigrant families from going through the same situation.
I've lived in New York for 23 years and have been a real-estate agent for over 15 years.
One of the rules is that the seller no longer has to pay a commission to the buyer's agent.
Here's what the new commission rules meanThere is a lot of confusion around the commission rule and what it means, especially for buyers.
Persons:
Mukul Lalchandani, It's, I've, REBNY, they'll, towners, Sellers
Organizations:
Service, Business, National Association of Realtors, NAR
Locations:
New York, Hong Kong, NY