possess a deep understanding of the local market and have the connections to back it up. • Organizational Skills: An organized, communicative, and responsive agent ensures that your needs are prioritized. • Passion for Real Estate: A truly dedicated agent will exhibit motivation and a proactive stance in selling your home. • Technological Savvy: Utilizing the latest technology, an agent can effectively showcase your home in the digital marketplace. Understanding Real Estate Commissions in Light of Recent Changes The National Association of Realtors® (NAR) has reached a settlement to resolve litigation related to broker commissions, affirming the value of consumer choice and the role of real estate professionals in transactions. As part of the settlement, NAR will implement a new rule prohibiting the communication of broker compensation offers through MLS, but these can still be negotiated off-MLS. Additionally, NAR will require MLS participants working with buyers to enter into written agreements, enhancing transparency and understanding of services provided. These changes, set to take effect in mid-July 2024, emphasize the importance of professional guidance in navigating the real estate process.
Conclusion
Hiring a real estate agent provides you with an advocate experienced in all aspects of the home-selling process. From setting the right price to closing the deal, an agent's expertise is invaluable. As you move forward, consider the benefits of professional representation to navigate the sale of your home
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