As the adjustment period to the new buyer broker compensation system begins, consumers and those in the real estate industry wonder how it will impact buyer agency.We predict that the role of buyer agents will gain importance as home buyers experience more complexity in determining value and nego
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07/29/2024
BUYER AGENCY | WASHINGTON DCHere's the 'plain and simple' of buyer agency in DC real estate under the new system resulting from the NAR class action lawsuit settlement. It's clunky, but not game-changing. The market is still the market, influenced by inventory, mortgage interest rates, general ec
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07/29/2024
Don't believe the wild claims about "the end of 6% commission" in real estate.Unreliable Internet sources misled the public when they claimed that the cost of representation for real estate transactions was mandated to drop due to the NAR class-action lawsuit settlement. In fact, the settlement d
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07/29/2024
Washington DC home inventory went up. Home prices went up. Volume went down.CPI went down. PPI went up. Mortgage rates went down.Confusing?Mortgage News Daily published an article yesterday explaining some of this seemingly contradictory data:"Did you know: the normalization of house price apprec
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07/13/2024