The National Association of Realtors’ (NAR) Clear Cooperation policy, designed to ensure MLS listings were publicly shared within 1 business day, is ending. Intended to promote transparency and equal access, the rule faced criticism over flexibility for agents and sellers. The industry is now moving toward new options for sharing…
In real estate, when things get tough, stay focused. Keep your head down, push forward, and prioritize lead generation and top-notch customer service. Consistency will carry you through the busy times!
When drafting a homebuying agreement, confirm cooperative compensation details upfront. If the seller is covering the buyer's agent's fee, make sure it's clearly outlined in the contract to avoid surprises later.
Backing out of a home sale contract can have serious consequences beyond losing earnest money. Buyers and sellers risk legal action, extra fees, and future trust issues. Think carefully before walking away!
If a homeowner tries to back out of a contract, stay calm and review your options. Check contingencies and deadlines, consult your realtor or attorney, and communicate openly. There may be solutions to keep the sale on track!
Want to Hear Discussions about Real Estate & More? Watch this Video! Is Clear Cooperation Policy Really Going Away? Wondering if the Clear Cooperation Policy is on its way out? In this video, we break down the latest updates and shifts impacting real estate. From the current policy landscape to…
Even on new construction, an inspection is essential. Builders may overlook small details, and every home has areas for improvement. A thorough inspection ensures no surprises and gives buyers peace of mind.
As an agent, you can only accept compensation through your broker—no exceptions. This ensures compliance and protects your license. Always follow the proper channels!
EXP’s recent settlement, following the NAR case, included no mention of buyer’s agent compensation. It’s a reminder that transparency and change are here, but without directly impacting how buyer agents are compensated—yet.
In real estate, once you sign, you’re bound to uphold your end—even if some parts don’t go as planned. Sticking to the contract shows integrity, even when it means taking a hit. Honor the deal, and protect your reputation.
When you sign a real estate contract, it’s your duty to fully understand it—or don’t sign it. Clarity now prevents issues later, and it’s essential for protecting your interests. Know what you’re committing to!
EXP settled after the NAR because similar claims impacted their business, too. The real estate industry is evolving, and these settlements reflect changing expectations around transparency and fair practices. It’s a shift aimed at building trust with clients.
Transparency is key in any real estate transaction! Always disclose everything to ensure you’re staying on the right side of the law. Being upfront protects you and your clients, and helps avoid potential legal issues down the road. Honesty is the best policy!
When it comes to needed repairs in a real estate transaction, consider including the repair costs in the closing instead of having the seller handle them beforehand. This gives buyers control over how and when the repairs are done, ensuring they’re completed to their satisfaction. Flexibility can make for a…
In real estate, handshake deals just won’t cut it. It's crucial to ensure everything you agree to is clearly spelled out in the contract. This protects all parties and avoids misunderstandings down the road. Always put it in writing—because your peace of mind is worth it!
Want to Hear Discussions about Real Estate & More? Watch this Video! What Does EXP's $34 Million Settlement Mean for REAL ESTATE? Get ready to dive into the latest real estate news! EXP, a real estate company, has recently settled for a whopping $34 million, leaving many wondering what this…
As a real estate agent, using email over texting is essential for communicating with your clients. Email helps keep everything organized, documented, and professional. It ensures important details don’t get lost and provides a reliable record of the conversation. Set the standard for clear and effective communication!
The recent resignation of the NAR president marks a significant change for the organization. Any shift in leadership presents an opportunity for positive growth and a fresh perspective. This change can help strengthen the National Association of Realtors and better serve the needs of agents and clients alike. Here’s to…
A real estate agent wears many hats: educator, entrepreneur, marketer, salesperson, and more! Each role requires expertise and hard work, and it’s essential to be compensated for the value you bring to the table. Don’t underestimate the skills and dedication that go into navigating the real estate market—your efforts are…
Being a great educator is essential when you're a real estate agent. You have to clearly communicate your value and make sure your clients understand every step of the process. Educating empowers your clients to make informed decisions and shows them why they’ve chosen the right agent. Knowledge is key…
Want to Hear Discussions about Real Estate & More? Watch this Video! NAR Legal Shakeup: Realtors' Top Guide to Avoid Getting Sued In this insightful Episode, we delve into the recent NAR legal shakeup and its implications for real estate agents. The video highlights critical communication issues during the settlement…
Real estate agents do so much more than just open doors. We navigate the risks alongside homebuyers, provide guidance, and explain the details every step of the way. Our goal is to make the journey smoother and ensure clients feel confident in their decisions. It’s about more than finding a…
Agents aren't bound by a participation rule to offer any specific commission, and some transactions are more challenging than others. In certain situations, offering a lesser commission can be a smart move to get the deal done. Flexibility is key in navigating today’s market while still delivering value to clients.
Homebuyers can sometimes be bullied or coerced into paying for unneeded extras during real estate transactions. That’s why it’s crucial for real estate agents to act with integrity and prioritize their clients' best interests. As agents, we must guide and protect buyers, ensuring they only pay for what truly adds…