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Buyer Agent Commission
Debunking Myths: The Invaluable Role of Real Estate Agents Recent headlines have led many to believe that real estate agents will now be working for free or close to it. Unfortunately, this is not the full story and what it means for the industry going forward. Contrary to popular belief, not all ...
Continue ReadingCommission Changes Part 3
As a seller, you have options when it comes to deciding how you want to market your home. With the pending changes coming, let's talk about the pros and cons regarding a seller offering buyer agent compensation. Benefits of Offering Buyer Agent Compensation Enhanced Visibility and Increased Showings Lead to Quicker Sales In ...
Continue ReadingCommission Changes Part 2
The day that the new broke on the headlines, I recorded this quick 2 min video explaining what these changes are and what it may mean. However, nothing is finalized and changes won't be effective until later this summer. Of course the headlines are not quite accurate, and many details are ...
Continue ReadingCommission Changes Part 1
Recently, the National Association of Realtors (NAR) reached a significant settlement in a commission lawsuit, raising questions and discussions within the real estate industry. Background: The lawsuit against NAR centered on allegations of anticompetitive practices related to buyer agent commissions. Critics argued that NAR's rules restricted competition and transparency, ultimately affecting consumers' ...
Continue ReadingMistakes Sellers Make
Home sellers can make various mistakes throughout the selling process. Here are some common ones to avoid: Overpricing the Property: Setting an unrealistic asking price can deter potential buyers and prolong the time your home sits on the market. It's essential to conduct thorough research and work with your real estate ...
Continue ReadingNo Crash and Prices Are Up
Why We Aren't Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market ...
Continue ReadingThe Benefits Of Coming Soon Marketing
Marketing a home as "Coming Soon" can offer several benefits for sellers: Generate Early Interest: By promoting a property as "Coming Soon," sellers can generate early interest and anticipation among potential buyers before the home officially hits the market. This can create a sense of exclusivity and urgency, leading to increased ...
Continue ReadingDo You Need Title Insurance?
Title insurance is a type of insurance policy that protects property owners and lenders from financial loss due to defects in a property's title or ownership rights. When a property is bought or refinanced, a title search is conducted to uncover any potential issues with the title, such as unpaid ...
Continue ReadingMortgage Rates Predicted Under 6%
Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if ...
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