Presented by Pacific Coast Homes, The leading source for Manufactured Home Community living
for Older Adults and Seniors on the central Oregon Coast.

For Immediate Release

Pacific Coast Homes Offers Clarity Amidst NAR Lawsuit relating to Manufactured Homes sales and purchases in 55+ Communities.

Newport Oregon – June 23, 2024 – In the wake of the National Association of Realtors (NAR) Lawsuit Settlement of 2024, Tom Turner of Pacific Coast Homes steps forward to provide clarity with an aim to alleviate confusion and offer insights into the implications of this settlement, Turner breaks down the key points and outlines how Pacific Coast Homes and their clients are not affected by this litigation and settlement.

The settlement, which centers around alleged price-fixing, has stirred discussions across the real estate landscape. However, amidst the buzz, it’s crucial to understand the nuances and prepare for forthcoming changes slated to take effect by mid-July 2024.

A pivotal aspect of the settlement involves the decoupling of commission fees, transitioning away from bundled commissions towards a more transparent and adaptable structure. While this change doesn’t necessarily mean lower commissions overall, it emphasizes the need for clear communication with clients to ensure understanding.

Moreover, the settlement brings about shifts in the Multiple Listing Services (MLS) system, doing away with automatic offers of compensation. This change underscores the importance of honing negotiation skills and adapting strategies to secure fair compensation in each transaction.

In the context of these changes, Pacific Coast Homes reassures its clients and stakeholders that the office remains unaffected. Specializing in the sale of manufactured homes in 55+ communities, Pacific Coast Homes operates under a distinct regulatory framework. As such, the office is not subject to the same requirements as traditional real estate transactions, with sales necessitating a Manufactured Structure Dealer (MSD) license rather than a real estate license.

Tom Turner emphasizes the continued commitment to excellence and client satisfaction within Pacific Coast Homes. As the industry evolves, the office stands ready to navigate these changes with confidence and clarity, ensuring a robust and prosperous future for all stakeholders.

In conclusion, Pacific Coast Homes views the NAR Lawsuit Settlement of 2024 not only as a pivotal moment for the industry but also as an opportunity for growth and innovation. By staying informed, communicating effectively, and embracing change, the office remains steadfast in its dedication to delivering exceptional service.

About Pacific Coast Homes:

Pacific Coast Homes specializes in the sale of manufactured homes in 55+ communities. With a focus on integrity, professionalism, and client satisfaction, Pacific Coast Homes continues to be a trusted name in the Manufactured Home industry in Oregon.