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eXp Realty’s forms leave the choice to offer buyer broker compensation to sellers: Pareja

Housing Wire

But it will be their sellers who make the decision on an offer of compensation to a buyer broker. In the agreement, sellers have the option to choose to pay their listing broker an exact dollar amount, a percentage of the gross purchase price of the property or an undefined “Other.”

Sellers 448
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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

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Selling your home to a family member in 5 easy steps

Housing Wire

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. In a controlled transaction there is an established relationship between the buyer and seller. However, it might save both parties money on Realtor fees.

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To write or not to write: Some brokerages draft their own forms while others leave it to state associations

Housing Wire

These include an ”Exclusive Authorization and Right to Sell” agreement; an “Amendment to Real Estate Listing Agreement”; a “Direct Compensation from Seller” form; a “Single Property Buyer Broker Agreement”; a “Buyer Broker Representation Agreement”; and a “Disclosure and Acknowledgement of NON-Representation” form.

Brokerage 448
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MLSs, local associations help members navigate changes tied to NAR settlement

Housing Wire

“We will also have a concessions field that will be a multi-layered field that will allow for a checkbox if the seller is willing to consider concessions as part of the offer. “We I would suggest that there has always been change.

Realtors 444
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Navigating the Move: Logistics of a Smooth Home Selling Transition

Lamacchia Realty

NAVIGATING THE MOVE: LOGISTICS OF A SMOOTH HOME SELLING TRANSITION Selling your home comes with its unique set of challenges. The thought of packing up years of memories and coordinating the logistics can be daunting. Bigger repairs might pose financial and logistical problems. However…you are not alone!

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The Ultimate Guide to Estate Planning Appraisal for Real Estate Properties

The Robert Weiler Company

While his addition to the coveted 90-year-old club is welcomed news for nonagenarians and their families alike (not to mention his rabid fans), the logistics of that longevity include some serious discussions over estate planning. A trust is a legal entity for the transfer of assets from the grantor to the beneficiary.