• Navigating New Real Estate Commission Rules and Their Impact on Buyers & Sellers

  • Jul 22 2024
  • Length: 29 mins
  • Podcast

Navigating New Real Estate Commission Rules and Their Impact on Buyers & Sellers

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  • Summary

  • Navigating New Real Estate Commission Rules and Their Impact

    In episode 2 of the RF Properties Podcast, hosts Bruce Falk and Justin Roberts discuss upcoming changes in the real estate industry's commission structure under new NAR mandates. They explain the implications for buyers, sellers, and agents, including the requirement for buyers to sign an agency agreement before viewing homes and the new rules around commission payments. The discussion covers the importance of transparency, buyer consultations, and the evolving role of agents. The hosts also touch on how these changes may affect residential market dynamics, emphasizing the need for preparedness and strategic planning for future transactions.

    00:00 Introduction to Episode 2

    00:06 Upcoming Changes in Real Estate Commissions

    01:09 Buyer's Agency Agreement Explained

    04:08 Impact on Buyers and Sellers

    07:48 Navigating the New Real Estate Landscape

    15:06 Advice for Real Estate Agents

    23:27 Current Residential Market Trends

    25:44 Conclusion and Final Thoughts
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