How to successfully negotiate real estate commissions

How to successfully negotiate real estate commissions

Thanks to a federal lawsuit that was recently settled, the way real estate commissions work will change in July 2024 (pending court approval). If you’re looking to save some money, here’s what you need to know about how commissions work, and how to agree on a rate that both you and your agent can feel good about.

Correcting the record: NAR does not set commissions

Correcting the record: NAR does not set commissions

Following recent inaccuracies in media coverage, including the false representation or suggestion that the National Association of Realtors® (NAR) requires a standard 6% commission, NAR has issued the following statement: CHICAGO (March 19) – The National Association...
The Value Of Having A Buyer Agent in the Real Estate Process

The Value Of Having A Buyer Agent in the Real Estate Process

Navigating the real estate market we find ourselves in now, characterized by low housing inventory, high buyer demand and volatile interest rates, is challenging for homebuyers. In such a competitive environment, an experienced Buyer’s Agent becomes an invaluable asset, employing specific, tried and true strategies to help their clients succeed.

Shopping for a Lender

Shopping for a Lender

The most important step in the home buying process, if you aren’t paying cash, is securing a loan. You’ll need to shop for a lender, compare loan products and get that all-important loan pre-approval letter. Today we’ll take a look at how to go about choosing a lender.