Best Practices for Househunting
Don't Go Unrepresented
Always have a skilled agent to guide you through the homebuying process.
Your agent will offer expert advice, negotiate on your behalf, and protect your interests.
Avoid going it alone to secure the best terms for your new home.
Review and Execute REALTOR Disclosures
You'll need to sign disclosures with your chosen Real Estate Agent before touring
homes. This clearly outlines expectations, the agent's relationship, and compensation in
the transaction.
Following the 2024 NAR Settlement, all REALTORS must have signed documentation
before allowing you to tour any homes.
Understand Total Costs
Carefully plan each step from choosing the right neighborhood to financing and
negotiations.
Use these best practices to make confident, informed decisions.
Get Pre-Approved
Secure a mortgage pre-approval to understand your budget.
Pre-approval establishes you as a serious buyer to sellers.
Identify lenders early in the process; I can make some recommendations.
Set Priorities
Define your must-haves and priorities for your new home.
Consider your lifestyle in selecting a new home.
Ensure each potential home aligns with your vision.
Research Neighborhoods
Thoroughly research local schools, amenities, and crime rates; Let me help you with my
local expertise!
Consider future investments and long-term goals.
Understanding the Updated Process for Real Estate Transactions
In the ever-evolving world of real estate, new practices are being introduced to ensure
transparency and clarity in the buying and selling of homes across the United States.
Here's how these changes benefit you as a homebuyer:
Written Agreement Before Touring Homes
Before we start touring homes together, we'll establish a clear, written agreement
outlining the compensation details.
Direct Compensation Payments
The process is shifting towards direct compensation payments. This change is meant to
make everything straightforward and tailored to your best interests.
No Offers of Compensation on MLS
Going forward, compensation offers to buyer's agents may no longer appear on the
MLS giving you greater control and clarity throughout the process.
These updates are designed to create a more transparent, streamlined experience for
you, ensuring that every step of your home-buying journey is clear, fair, and focused on
your needs.
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