Buyer
Standing Up for Buyer Representation
A longstanding practice, the very concept of buyer agency—and the value buyer’s agents bring to the home-buying journey—is being challenged within the industry today. As practice changes required under the National Association of REALTORS®’ (NAR) Settlement Agreement go into effect this month (as of press time), Realtor.com is doubling down on its commitment to not… […]
4 Surefire Ways to Convince Potential Clients to Sign a Buyer Agent Contract
You’re comfortable in the knowledge that as a real estate agent you’re a pro’s pro. Until recently, you didn’t have to discuss with hopeful homebuyers precisely what your compensation would be. Now you do. What’s important is to communicate your value and what you will do for them, but what’s even more vital is to… […]
Should a Buyer Consider a House on a Corner Lot? A Look at the Upside and Downside
Choosing a new home is an exciting and significant decision in one’s life. One of the many choices you’ll encounter when searching for the perfect home is whether to buy a house on a corner lot. Corner lots are unique in many ways, offering various advantages and disadvantages. Examining the pros and cons of corner… […]
“First-Time Buyer” Season 2 Now Available on Hulu
“First-Time Buyer” Season 2 Now Available on Hulu The series provides the most realistic portrayal of the American homebuying process, highlighting the role that REALTORS® play. Media Contact: Spencer High 202-383-1051 First-Time Homebuyers
Window to the Law: Best Practices for Buyer Love Letters
Buyers competing in a hot real estate market might try to stand out from the crowd by sending a “love letter” to the seller. Real estate professionals can use these best practices to help both buyers and sellers avoid potential fair housing violations that love letters can trigger. www.nar.realtor – Fair Housing
Buyer Demand Provides Modest Boost to Builder Confidence
New home builders seem to be slowly getting their mojo back. After recovering from the hit they took in the first days of the pandemic, they encountered labor shortages, supply chain issues, and rising material costs. The National Association of Home Builders (NAHB) said that builder confidence in the new home market, driven by strong […]
NAR Launches “First-Time Buyer” Streaming Video Series on ROKU
NAR Launches “First-Time Buyer” Streaming Video Series The eight-part series showcases REALTOR® value and will stream on Roku, YouTube, and Facebook. Media Contact: Wesley Shaw 202-383-1193
First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million
Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research
NAR Submits Comments to VA on Allowable Fees; Urges GSEs and Regulators to Confirm Support for Buyer Financing
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®’ (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was also sent on behalf of the Mortgage Bankers Association (MBA), delivered to the Federal… […]