Last year, the multi-billion dollar commission lawsuit settlement the National Association of REALTORS (NAR) accepted triggered great expectations of commission relief for home sellers. That was until the REALTORS Association rolled out its plan to implement the settlement practice changes effective August 17th, 2024. Six months later, we are seeing, as you might expect, the 1.5 million-person association a...
Wednesday is the best day to make your home active on the multiple listing service (MLS). When your listing goes live on the MLS, the data is sent to buyers using a listing-search notification program...
There was a day when buyers controlled the market, and sellers agreed to concessions and negotiated on price. I remember those days when the market started to change. In the summer of 2016, we saw mor...
The market is never just good or bad. It depends on which side of the transaction you're on. If you're buying this year and the trend continues, you will pay a premium to close in May and June. Howeve...
Zillow, Homes.com, Realtor.com and the bazillion of other third party real estate sites are useful for many things. I love the fact that these sites help consumers tour homes without leaving their hom...
Realtor associations needed to be at their best to prepare members to do business without an MLS-published offer of compensation. They had months to prepare members to alter their thinking to transiti...
The issue that brought the National Association of Realtors (NAR) to court was not about commission transparency but the detrimental impact of anti-competitive policies. These policies severely restri...
Use the New MLS Rules to Increase Your After-Sale Profit
Nothing eats more of our home equity than real estate commissions when we sell our homes. For 100 years, the National Association of Realtor...