On June 11 2024, the Department of Veteran Affairs (VA) published Circular 26-24-14 (click here) that announced a temporary local variance allowing for veteran-buyers to pay buyer-broker charges. This will be effective August 10, 2024, and will be an exception to the general rule preventing veterans from paying real estate broker fees. The VA plans to develop a more permanent policy via new rulemaking but is instituting this temporary local variance so that veterans can remain competitive buyers until the permanent policy is established.
Full Memorandum
