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Huge Changes Coming to Real Estate

  • Writer: Jennifer Harris
    Jennifer Harris
  • Jul 23, 2024
  • 2 min read


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IMPORTANT UPCOMING DATE:

AUGUST 13TH

  • Compensation fields will be removed from the Multiple Listing Services

  • New Rules & Policy changes will go into effect August 13, 2024


Here is what the settlement means for home sellers:

  • You still have the choice of offering compensation to buyer brokers. You may consider doing this as a way of marketing your home or making your listing more attractive to buyers.

Here is what the settlement means for home buyers:

  • You will sign a written agreement with your agent before touring any home. The written agreement is called a Buyer Broker Agreement and it must specify the amount of compensation that the participating agent will receive for their work.


At The Shire Real Estate Group, We have you covered!

Over the past 18 months, I have worked tirelessly to stay up to date on the new laws and changes coming to the Real Estate industry. I have completed the National Association of Realtors, Accredited Buyer's Representative Course (ABR Designation) and have attended countless seminars plus engaged in multiple think tanks on how to best educate and promote best practices to the consumer. Our brokerage is proud to share our New Buying Process Guide and continue to bring you exemplary service by offering the most up to date information. With good information you can make good educated decisions for you, your family and your future.


I predict these new laws and practices will take the industry a bit of time to adjust, but once achieved, I expect it to elevate the industry as a whole. Please take comfort in knowing that I am hitting the ground running and am already well versed in the new changes and ready to represent your best interests and goals now.


For a deeper discussion on this topic, please feel free to give me a call direct: (714) 350-3977.

Thank you for your continued support and referrals!


Jennifer Harris

Associate Broker, DRE#01798819

The Shire REG





 
 
 

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© 2020-2024 by Jennifer Harris, Associate Broker of The Shire Real Estate Group, DRE#01798819
*Note: Size and dimensions are approximate, actual dimensions may vary. Information is deemed reliable, but often may NOT be accurate.  All of the information on this website is used for advertising purposes only and all buyers, agents must verify all info for accuracy and are recommended to complete all due diligence, including but not limited to permits and square footage.  
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