re: National Association of Realtors agrees to end 6% commissions

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That doesn’t make sense. NAR always insisted 6% was just customary and never mandatory.

Guess we’ll need to wait for the forthcoming press release that addresses whether buyers agents will intentionally ignore any MLS listings where the seller declines to engage in the customary process

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I haven't followed it much, but wasn't the main issue posting the compensation which allowed steering and the requirement to join MLS?

What will end up happening is when sellers don't agree to pay a buyer's broker, the seller's broker can just negotiate the payment with the buyer's broker outside of the deal and call it a referral fee or buyer's brokers are going to have to come up with a fee structure for services rendered.

The first scenario will require cooperative selling agents, which in the long run will be better for their business.

The latter scenario may end with buyers getting charged even if they don't complete a purchase.

Either way the residential agent is going to have to learn a new way of business.