Changes to Buyer Agent Compensation Post-NAR Settlement
August 16, 2024
Changes to Buyer Agent Compensation The recent National Association of Realtors (NAR) settlement has brought significant changes to how real estate agents who represent buyers are compensated. Here are several key points to keep in mind: Removal of Commission Offers on MLS: In most states, the settlement prohibits listing agents and sellers from displaying offers of compensation to buyer agents on the MLS. This aims to increase transparency and reduce conflicts of interest. MLSs can no longer require these offers for participation. However, the Northwest Multiple Listing Service (NWMLS) did not opt-in to the NAR settlement agreement and will...
The first of 3 beautiful residences by DutchBuilt Homes. This one sold before it hit the market! To say...
Background In 2019, home sellers filed two class action lawsuits (known as Moerhl and Sitzer/Burnett) against the National Association...
As more homes come on the market (and some staying on the market longer), you’ll start seeing more open houses in the New Year. If you’re planning to buy a home, or even just thinking about it, now is a great time to start exploring what areas you might want to live in, what schools are located in your desired neighborhood, the nearby amenities, and how far it will be to commute to work. Here are 5 reasons to visit as many as open houses as you can. Save this post if you’re planning to buy a home in...
Save this post if you’re planning to buy a home in 2024! Most home buyers want a DEAL right?...
Autumn has officially arrived! Cue the pumpkin spice lattes, cinnamon scented candles, cozy sweaters and Halloween decorations!...
Accessory Dwelling Units (ADU’s) in Seattle, WA
June 18, 2023
Do you know what an ADU is? It stands for Accessory Dwelling Unit. These units are separate living spaces within a home or on the same property as an existing home. They’re sometimes called backyard cottages, carriage houses, granny flats, mother-in-law apartments, and in Canada they’re called lane houses. They are further defined as an Attached Accessory Dwelling Unit (AADU) or a Detached Accessory Dwelling Unit (DADU). The property pictured above is actually 3 homes (technically they’re zoned as condominiums). The primary home (called an SFR – Single Family Residence), is about 1,800 sf and is on the left...
If you’ll be living in your home while it’s for sale, getting it ready for market can be a...
Sharing 25 things you may not know about me! I’m going out on a limb here because I want...
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