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Stock impact report

The rules for buying and selling a home in Wisconsin have changed. Here's what to know about how it affects your money. [Yahoo! Finance]

Nicolet Bankshares Inc. (NIC) 
Company Research Source: Yahoo! Finance
The way real estate agents get paid is changing, requiring buyers and sellers to make big decisions early on. Those much-anticipated changes are the result of a lawsuit against the National Association of Realtors , which settled last spring. Realtors, along with some homebuyer advocates, worry the new rules could be yet another source of stress and financial strain for first-time homebuyers, who are already facing a hyper-competitive market. Industry critics, however, say the changes are long overdue — and will ultimately put money back in the pockets of buyers and sellers alike. Here's what buyers and sellers need to know: Big picture: What's changing and why? The settlement upends the longstanding compensation model in which sellers paid a 5-6% commission on a sale, which the seller and buyer agents split. Critics argued this was a bad way to compensate agents for the work they do — and hurt both buyers and sellers in the process. Buyers and their agents, critics sai Show less Read more
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