Ep #49: What's Changed in Real Estate in 2024 & Why You NEED a Trustworthy Agent

Ep #49: What's Changed in Real Estate in 2024 & Why You NEED a Trustworthy Agent

When the National Association of Realtors announced their proposed settlement back in March, it was clear that the landscape of real estate was about to change. I’ve been preparing ever since, ready to put these changes to work for you - whether you're buying or selling. Real estate is always evolving, and that’s what I love about it. Every deal is different, and moving forward, the experience will require even more creativity and expertise.

There are many implications of the proposed settlement to consider, particularly with those that affect the relationship between sellers, buyers, and agents. Sellers, for instance, are no longer required to offer compensation to the buyer’s agent - a shift that could significantly impact how homes are marketed and sold. It’s all about understanding the new reality and how to make it work for you.

Tune in this week to get a clear picture of the new normal in real estate. I’ll break down the key elements you need to know to stay ahead of the curve - whether it’s negotiating fees, understanding compensation terms, or leveraging creativity in your transactions. You’ll learn how the role of a trustworthy agent has never been more crucial, and why experience and transparency are the cornerstones of successful deals in this evolving market

What You’ll Learn from this Episode:

  • How the National Association of Realtors' proposed settlement changes the dynamics of buying and selling homes.
  • The new compensation rules for sellers and how this impacts buyer agent relationships.
  • The importance of creativity and experience in navigating the evolving real estate landscape.
  • How to negotiate fees and structure agreements in light of the new rules.
  • Why transparency and strong advocacy from your agent are more crucial than ever.
  • How to confidently adapt to the "new normal" in real estate transactions.

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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