The New Buyer Agency Rules: What Changed for TCs in 2025

2024 gave us the NAR settlement. 2025 gave us the implementation. That distinction matters. The settlement agreement set the national framework in August 2024. But 2025 was when the industry actually lived under the new buyer agency rules, when state laws codified and extended the federal requirements, when form contracts got revised multiple times to reflect what was working and what wasn't, and when transaction coordinators across the country figured out — in real time — what the new workflow actually looked like. By the end of 2025, a set of patterns had stabilized. The TC role had changed meaningfully. New workflows had emerged. Old ones had died.