The Cost To Buy A House Is About To Go Up as the the recent NAR lawsuit is redefining seller-paid commission structures. This change is going to have implications for buyers, sellers, and real estate professionals and likely make the process more complicated when buying a house in 2024. In this episode, we delve into the challenges of buyer representation, especially when the listing agent is involved, and the limitations it brings to home buyers in the 2024 housing market as we help you become The Educated HomeBuyer.

⏩Preparing To Buy A House In 2024 - https://youtu.be/2Y6olAyDs5w
⏩Do NOT Buy A House In 2024 - https://youtu.be/5x_Dmmir5ac

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📩 - info@theeducatedhomebuyer.com

00:00 Lawsuit alleges high commissions and market price-fixing.
05:11 Listing agreements always discussed; seller aware of compensation.
08:54 Buyers and sellers are aware of fees.
09:52 Explaining process leads to beneficial negotiation outcomes.
14:07 Concerns over buyer broker agreements and commissions.
17:49 Agree to commission, skip buyer's agent, tricky.
20:50 Sellers have control in strong market. Lawsuits rarely benefit sellers.
24:45 Mortgage financing guidelines and seller negotiations details.
27:16 Impact of compensation on home sales activity.
30:31 Agent now pays attention to property compensation.
32:16 Warning about implications of using seller's agent.
38:34 Hire a professional to guide you.

Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
➡Y O U T U B E ➳https://www.youtube.com/c/JebSmith

Connect with me 👇
Josh Lewis (Huntington Beach Certified Mortgage Expert)
NMLS ID: 234220 | CA DRE: 01209148
United American Mortgage | NMLS ID: 1942
➡I N S T A G R A M ➳ https://www.instagram.com/borrowsmartjosh
➡Y O U T U B E ➳https://www.youtube.com/c/buywiseborrowsmart

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