Business Outlook Podcast Features Morgan Cannaday on Buyer Changes

Journal Staff Writer Ryan Boetel sits down with Morgan Cannaday, the president of the Greater Albuquerque Association of Realtors on this week's Outlook on Real Estate podcast.

There were major changes recently to home buying, which were brought on when earlier this year the National Association of Realtors and other major real estate brokerages agreed to pay $950 million to settle federal lawsuits that alleged the brokers forced homebuyers to pay inflated commissions during home sales.

In addition to the money settlement, the real estate industry also agreed to policy changes that aim to bring more transparency around how brokers and agents are paid and what services they will provide.