How Will Home Buyers Pay Agents After the Commission Lawsuits
Posted by Hank Miller on
The multiple commission lawsuits impacting the real estate industry will change how home buyers, home sellers and real estate agents interact. If a home seller opts not to offer a co-op compensation, how will home buyers pay agents after the commission lawsuits? That’s a question rippling through the agent ranks and one that home buyers might also want to consider. While the legal wrangling over commission questions may take years to sort out, the impact will be felt regardless of how the appeals play out. There will be unintended consequences and the hit will likely be to those least able to afford it both financially and in terms of home buying experience.
Home Buyers Will Not Use an Agent
Affordability is the single biggest obstacle to…
3985 Views, 0 Comments
ping pong and badminton. It’s played with a plastic ball with holes in it that resembles a wiffle ball. While the sport was created in the 1960s, it recently gained steam during the Covid-19 pandemic, as people looked for ways to get exercise outdoors and also be social. But not everyone is thrilled, especially home owners within ear shot of the courts.
refuse to close? What used to be infrequent is becoming more common; Sellers backing out of contracts. They might have second thoughts about giving up a low rate or realize that maybe it’s better to keep the home they have. If that happens, what can a Buyer do?
on this topic. This is not legal advice and every situation is different. Remember, a ham sandwich can be sued...
commonly used in residential water supply systems from the late 1970s to the mid-1990s. Polybutylene pipe was popular due to its low cost and ease of installation. However, it eventually fell out of favor due to concerns about its long-term durability and potential for leaks and failures. The greater Atlanta area has a significant number of homes with poly pipes and
The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. Despite continuous caterwauling from the MSM about a crash, home prices around greater Atlanta haven't really moved from a year ago. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for.
how a home is represented and described may not always be what a buyer sees. Advertising, especially in real estate, always pushes the boundaries, but there is an expectation that the information presented is factually accurate.
national media, this market is not crashing and there is no reason to expect it will. A May 2022 to May 2023 look at key Atlanta housing market indicators demonstrates what we professionals saw; an adjustment to rising rates followed by a recovery.
fixtures, things can get sticky. Maybe they love the special features like the glass kitchen cabinet doors, custom lighting fixtures, high tech thermostats or even a favorite miniature Japanese Maple tree. Traditionally, these items remain in the home for the next owner to appreciate. However, some sellers have a deeper attachment to certain items, going as far as removing them prior to closing.