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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system. LOs on average get about 1%.)

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Survey Finds Seller Concessions Are Making a Comeback in Some Markets

RIS Media

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint.

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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

There is simply a new NAR rule that applies to all NAR member and NAR MLSs that does not allow cooperative compensation to be offered on the MLS.” While this may be similar to how agents in some MLSs note that sellers are willing to provide concessions, Papasan made it clear that seller concessions and commissions are not the same thing.

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Opinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Housing Wire

Enter the savvy seller. Savvy sellers are consumers who will choose to have a seller agent complete a basic MLS listing, then take the process into their own hands by fielding orders directly from buyers rather than give 3% to have offers brought to them. I want to be clear: in no way do I hope any of this happens.

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Opinion: In a digital world, do real estate agents serve a purpose?

Housing Wire

Moreover, the concept remains a central theme of some arguments contained in the plethora of lawsuits that are now carpet bombing the real estate industry. There are many: Zillow , Realtor.com (which has not been owned by anyone in the industry for years), Homes.com — just to name a few.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

I know it’s hard to imagine, but consider putting in your buyer’s specific criteria (three bedrooms, a detached garage, and pool) and the MLS returning over a dozen listings in a neighborhood. It’s easy to sketch out an area in the MLS and do some quick napkin math to find out the months of inventory. The first would be your local MLS.

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When Is the Best Time to Buy a House in Colorado?

HomeLight

For this reason, many industry publications will advise that you buy in January or February for a better price. In addition, Colorado’s tourism industry saves every Colorado household $670 in annual taxes due to the state and local taxes paid by visitors. When is the best time of year to buy a house in Colorado?