National Association of Realtors (NAR) settlement 2024

Here’s a summary of what the settlement is about:

There were a series of class-action lawsuits that alleged that the NAR’s compensation rules violated antitrust laws. NAR continues to deny that there was any wrong doing, but they settled to put the claims to rest for over one million members and other parties.

These are some of the changes that came out of that settlement:

  • Agents can no longer offer buyer agent compensation in the MLS. This is now done at the time an offer is made, or between agents prior to an offer.
  • Agents must have written agreements with buyers before showing them a property.
  • Sellers can continue to offer concessions for buyers closing costs.
  • The settlement went into effect on August 17th, 2024.

Many of the forms that we use were changed to incorporate the new way of doing business. Other than that it’s business as usual! 🙂

Below are PDF flyers from the National Association of Realtors that you can view and/or download for more information on what the settlement means for you. If you have any questions feel free to reach out to us.

Home Sellers: Here’s what the NAR Settlement means to you.

Home Buyers: Here’s what the NAR Settlement means to you.

How to Win the Bid and Get Your Offer Accepted

It’s hard in this market, but these tips should help.

How to Win the Bid and Get Your Offer Accepted

Hello, it’s a beautiful day to talk about real estate.

One thing I wanted to talk about today was how to win in
a bidding war. If you are a buyer out there, and you’re looking
at property, and you’re making offers on things, and you’re
not winning the bid, here are few suggestions to hopefully
help you get that house.

Continue reading “How to Win the Bid and Get Your Offer Accepted”

Quick tips to find a rental

It’s hard to find a rental right now. We hope these tips help.

Hello, it’s a beautiful day to talk about real estate.

Quick tips to find a rental

One thing I wanted to talk to you today is about rentals.
If you are looking for a rental, here’s a few quick tips that
hopefully will help you find a place. You need to really keep
an eye on the internet. We can sign you up on the MLS,
if that’s something you’re interested in contact us and we’ll
get you set up on there.

Continue reading “Quick tips to find a rental”

Seller’s tip – Don’t take it personal

Selling real estate is a business transaction.

Hello, it’s a beautiful day to talk about real estate.

I wanted to give the sellers a quick seller’s tip today.

When you are selling your property, try to remove the
emotional attachment that you have to your home and
think about selling your property as a business deal,
which is basically what it is.

Continue reading “Seller’s tip – Don’t take it personal”
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