Real Estate Has Changed
The world of real estate has undergone significant changes in 2024 that will affect you as a buyer or seller.
Just Raise the Price to Cover Costs
Raising the sales price of a home doesn’t help a buyer for several key reasons, most notably, Appraisal issues:Higher Costs: A higher sales price means the buyer will have to pay more upfront or borrow a larger amount through a
How Representation Works Now
The process for buying and selling a home is relatively the same as it was prior to August 17th, 2024. The most notable differences are as follows: Listing brokerages are no longer allowed to publish on the MLS any indication
How Representation Worked Before
Prior to the NAR settlement, which went into full effect on August 17th, 2024, representation worked as follows: A seller would sign a listing agreement with a listing brokerage. That listing agreement would contain a fee, usually a percentage of