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Imagine the reality of suddenly being forced to pay your buyers agent an average of $15,000 in addition to your downpayment and closing costs. On August 18th, buyers will be waking up to the new complexities of the home buying process.
As a result of the class action suit from sellers and an ongoing legal battle with the DOJ, the National Association of Realtors agreed to make changes to buyer agent compensation rules. As a result, compensation can no longer be shared on the MLS or any other platform, making it nearly impossible to know how your agent will be paid.
It also makes it MANDATORY for a buyer to sign a written agreement to compensate the agent if the seller chooses not to offer compensation to your buyer agent. Again, all of this will be completely unknown to you before you get to see any homes......
We believe these new rules remove transparency within the transaction and will force many would be buyers to attempt to work directly with the sellers agent.
This process removes any exclusive representation you have as a buyer, placing you in a very poor negotiation standpoint and a precariously bad financial position. It may also make the home buying process so overwhelming that many will choose to avoid it and just become lifelong renters, building no generational wealth through real estate.
Having your own personal home advisor with a vast depth of experience in representing both sellers and buyers throughout the country makes all the difference in this new landscape filled with so many changing uncertainties.
The real estate industry will remain in turmoil for the next several years, so don't get caught off guard with the changes that may make the difference between being able to purchase your dream home....or not.
Having a professional real estate advisor who is not motivated by the potential for financial gains from your home purchase ensures your advisor is strictly focused on helping you make the best choices by providing research, analysis and experience so you are able to navigate through any transaction with as little stress as possible.
We have removed the concept of a salesperson earning commissions from your purchases, and replaced it with a modern version where your needs are our only focus, and our experience guides our clients into making the best decisions for their financial future.
The short answer is an advisor can offer services that often fall outside the scope or abiltiy of an agent.
The long answer is that good advice is rare and extremely valuable. With the new NAR Settlement rules taking affect August 17th, the majority of agents work for either a national franchise or publicly traded Brokerge, so the likelyhood they can offer consulting and advisory services is very unlikely. Most Brokerages REQUIRE the agent to bring in a minimum of 3% on a transaction. Under the new rules, you the buyer will likely be on the hook for that.
Every member of Indigo Sky Home has additional qualifications and education that go above and beyond the industry norm. We are brokers who own several real estate firms throughout the country and understand the complex legal contracts that make up a real estate transaction.
The bottom line: Our knowledge goes deeper and we tend to think outside the box while focusing in on the things that matter most to you.
Browse our extensive listings of homes for sale. From cozy cottages to luxurious mansions, we have it all.
Our experienced agents can help you find the perfect home for your needs. Contact us today to get started.
We offer a variety of mortgage services to fit your needs. Let us help you find the best financing options for your dream home.
Curious about the value of your current home? Our expert team can provide a free home valuation to help you make informed decisions.
Need help managing your rental properties? Our property management team can take care of everything from finding tenants to maintenance.
Learn more about our history, our team, and our commitment to providing exceptional real estate services to our clients.
Melissa began her real estate career during a very difficult time, helping many clients navigate their property and investment strategies successfully during the volatile 2007 real estate market collapse.
Since that time she has become a Broker, developing several companies and eventually her own boutique styled firms throughout the countr
Melissa began her real estate career during a very difficult time, helping many clients navigate their property and investment strategies successfully during the volatile 2007 real estate market collapse.
Since that time she has become a Broker, developing several companies and eventually her own boutique styled firms throughout the country. Her relationship with clients has also been as a trusted adviser, savvy negotiator and well versed contractual expert, ensuring her clients best financial interest.
Broker & Advisor
(228) 344-9053
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