Changes are coming to the real estate industry on August 17th! These updates will impact buyers, sellers, and agents alike, creating new opportunities for everyone involved.
We'll be breaking down these changes and exploring how they can benefit you.
For instance, all buyers and agents must now enter into an agreement to work EXCLUSIVELY together for a negotiated, period of time before the real estate agent can take that person view homes. In the past, these agreements were not mandated. We'll explore how this benefits buyers and offer tips for hiring a buyer’s agent that is right for you.
Sellers will also notice changes, like how agent commissions are handled and advertised. Currently, the commission offered to a buyer's agent is publicly displayed on the MLS. However, this practice will change on August 17th. We'll explore how this shift impacts sellers and provide insights into commission negotiations.
Stay tuned as we delve into these changes and provide valuable insights to help you navigate this new real estate landscape!