Ep #45: The Real Estate Elephant in the Room: Your NAR Settlement Questions Answered

Ep #45: The Real Estate Elephant in the Room: Your NAR Settlement Questions Answered

We are now in spring and the 2024 real estate market is in full swing. The sale of your home is a huge decision, and as an agent with the guidance of Houlihan Lawrence, I equip my clients with the knowledge and insight they need to move confidently. This includes changes to processes and updates that significantly impact the market.

You may be hearing stories about big changes in the real estate industry, and as I’ve been meeting with sellers and buyers, the National Association of Realtors 2024 settlement is the elephant in the room. Nobody knows what will happen, but this week, I’m sharing what I do know and answering some of your most pressing questions.

In this episode, I dive deeper into what we know so far about the settlement, what’s new about it, and what you need to understand as a seller. I clarify what the NAR settlement means now for our local market, and help you understand the changes you are hearing about and what they mean for you.

What You’ll Learn from this Episode:

  • What dual agency is and the implications of it.
  • How I have always adapted to industry changes after 22 years in the business.
  • The importance of working with knowledgeable, experienced real estate agents.
  • What cooperative compensation is and what it means for you.
  • The changes you need to be aware of regarding the new NAR settlement.

Listen to the Full Episode:

 

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Full Episode Transcript:

Work With Harriet

The best time to sell or buy is when It is right for you and you have formulated a plan. A transitioning real estate market can be a great time to move, as long as you choose a skilled agent that has years of experience navigating the process. My advice is your advantage.

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