The National Association of Realtors released this information in response to lawsuits against them.
They claim all the issues shown in the image would happen if the buyer pays their agent for their services instead of the seller.
Their response assumes the MLS disappears, which would not happen.
If the buyer pays for their agent’s services, that is the only change that would happen. Everything else would stay the same.
Buyers might pay less for homes because the seller is not forced to pay a 2.5% commission to the buyer’s agent, so they can sell for less.
Also, their point in bold, “Compensation is always negotiable,” is not true.
With our MLS, after an offer is received, you are not allowed to negotiate it down at all. That is against their rules. So it is not “always” negotiable.