Florida Buyer Beware! Realtor Commission Changes Explained
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- Опубліковано 17 жов 2024
- A recent lawsuit challenging the National Association of Realtors' (NAR) policy on setting fixed commissions for real estate agents has sparked significant changes in the industry, impacting both buyers and sellers!
Feeling confused about the new rules (effective August 17th, 2024)?
Don't worry, we've got you covered! In this video, we break down these recent real estate changes and explain exactly what they mean for you.
Here's what you'll learn:
-How the new rules impact buyer-agent relationships
-What to expect when signing a buyer representation agreement
-Potential benefits for buyers, including hidden bonuses!
-How to navigate the new landscape as a seller
Don't get left behind! Watch this video to become a real estate insider and make informed decisions in today's market.
Leave a comment below and let us know what you think about the new changes!
If you are considering selling and want to get an idea of what your Florida home is worth, send an email to info@gulfpointeproperties.com. If you're looking to purchase in the area, you can get a jumpstart by filling out your home wish list here: forms.gle/B91p...
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Brad Dohack, Broker/Owner at Gulf Pointe Properties, Team Lead
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An app will replace all of this BS and the MLS will be a thing of the past.
Thank you so much, but I’m a total idiot and still confused.
We live in Coral Springs, and want to buy in Port St. Lucie in the next few months. So…
Let’s assume my brother-in-law Harry is an agent in that area (I wish), and I see a property on Zillow that I like. Do I sign a Buyer’s Broker agreement with him because I trust him?
Even though I don’t because he’s a total bum.
And then he can show me the property through MLS? Like, are any Buyer Brokers prohibited from showing certain properties on MLS?
And please remember I told you that I’m idiot.
Is this a repeat of the previous 2 videos?
get rid of the problem real estate agent cons
Only benefit realtor, makes it harder for buyer and seller
so now the buyer has to pay,
no im dealing directly with buyers agent and telling them there being paid . i have a lawyer handling my end
What a mess!
ill only buy from owner dont need a agent ill go to the house i want and tell them to get ourt of seller areement and ill buy directly
So your proposal is to find the house that an agent paid money to market well enough to make you aware of it, go the the seller and have them breach their agreement with their agent. Is there anything ethical here?
It's still BS. The buy agent should be compensated at a flat fee. Buy agents are useless with zillow and sites like that. I gave my requirements to my buy agent and she kept coming back with crap. So I sat on zillow for about an hour and showed her the 3 house I found. Guess what I bought the first one I shared with her. Buy agents are useless as travel agents.
Not really, not if you're buying in an unfamiliar market, if you're from out of state, if you'd want to see properties that might not be listed, if you'd want the deal to be smooth. I mean, this is not an absolute, sometimes you'd be correct but generally not.
selers just sell your own house dont pay any commission
That's always been an option.
get rid of the middle man there key turners open doo and know norhing about the house
What a scam the agent will put a 90 day clause without the buyer understanding they are bound to this agent
The whole point is to clearly understand the working relationship. I'm not sure why someone would sign the agreement without reading the dates.
The explanation style here is pure bull=--it, just state what is what without the useless and distracting gesticulations and side eye grimmaces, unrelated graphics, pregnant pauses. UGH.
Well, thanks for watching.
I think smart or educated buyers won't hire a representing agent if they have to pay a commission, they will go directly to sellers....