Tag : NAR settlement

Buyer-agent agreements and buyer-agent compensation in real estate transactions promoting transparency and clarity.

Update on NAR Settlement

It’s official. The U.S. District Court for the Western District of Missouri granted final approval to the National Association of REALTORS® (NAR) settlement, despite objections from the Department of Justice (DOJ). This article explains how these changes will affect buyers and sellers moving forward and provides clarity to help you confidently navigate the evolving real estate landscape. Key Changes from the NAR Settlement in Real Estate Written Buyer Agreements Buyers are now required to sign written agreements when working with […]

Real estate professional signing documents with a scale and a small house model on the table.

Navigating the New NAR Settlement Changes: What You Need to Know Starting August 17, 2024

A note from the Team Leader, Erica… As of today, August 17, 2024, significant changes resulting from the National Association of Realtors (NAR) settlement will officially take effect across the nation, aimed at bringing greater transparency and fairness to the real estate industry. However, if you’re in Arizona, you’re already a few steps ahead. Our local MLS and the Scottsdale Realtor Association have been proactive in implementing these changes since the beginning of August. This early adoption has allowed us […]

Buying / Featured / Homeownership Advice / Market / Selling

Real estate agent shaking hands with a client over a desk with a model house and paperwork.

The Role of a Real Estate Agent: Why You Need One

Navigating the real estate market can be daunting for both buyers and sellers. A real estate agent can be an invaluable asset, providing expertise, guidance, and support throughout the process. Here’s why you should consider working with a real estate agent, whether you’re buying or selling a property: For Buyers Expert Knowledge of the Market Real estate agents specializing in working with buyers possess in-depth knowledge of local market trends, property values, and neighborhood specifics. They provide information on schools, […]

Buying / Featured / Market / Selling