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I have been anticipating this post for several months and before I made it, I wanted to get all of my FACTS straight and be sure I understood what was going to occur in the industry I hold so dear, REAL ESTATE. As most all of you know, REAL ESTATE is my career. I have been working full time in the industry for the past 11+ years and have enjoyed working with sellers and buyers on a daily basis. I am also proud to have been involved in our industry sitting on our Board at the local level and policy at the State level. As I have grown in my industry, I can assure you one thing is true; REALTORS care. Behind the scenes we are constantly working to ensure our clients are best represented, that our knowledge of laws and practices are followed and that as an industry we are transparent. There are many aspects of our job and our industry that I may not agree with, but the OATH I took as a REALTOR means I must follow them.
Effective August 17, 2024, which is only a few days away, the Real Estate industry is going to experience a couple MAJOR changes. One change effects REALTORS, the other effects the PUBLIC. These changes are REQUIRED and set forth by the National Association of Realtors and as a member, all REALTORS are required to follow them. **Please, I urge you to not be swayed by articles or media with false information, reach out to your local REALTOR whom you trust and get the facts. **
So what is it, let’s hear it Kellie Sergent, Associate Broker Century 21 Northland……..
As of August 17, 2024 in order for a buyer to see ANY PROPERTY, ANYWHERE, ANYTIME, IN ANY STATE, IN ANY TOWN, they must have a signed BUYER AGENCY AGREEMENT. It can be exclusive or non-exclusive but it must be signed. This means your agent, whom you want to represent you and your best interest, must have a signed agreement with you. If you are working with a Buyers Agent who does NOT require you to sign something prior to viewing a home, they are not in compliance and can face fines and discipline. This change makes it that much more important that you select the correct REALTOR who follows the changes, is transparent with you in how their services will be compensated and remains a fiduciary to you throughout the buying process so you can know that YOUR BEST INTEREST is in mind.
Here is an FACTUAL RESOURCE you can use to look further into the change. https://www.nar.realtor/the-facts…
With that in mind, rest assured, I am always HERE TO HELP you understand the who, what, when and where of REAL ESATE. The why is not relevant, after all in our lives, the WHY is often unexplainable.
Thank you to all of my past and current clients for your trust in me, I am moving ahead with the changes with a positive attitude and am ready to assist. Let’s grab a smoothie (I don’t drink coffee), lunch or schedule a sit down consultation in my office or your home to get your home buying or selling journey off the ground. I am here FOR YOU.
