The real estate market has always been a dynamic environment, constantly influenced by economic conditions, consumer behaviors, and regulatory changes. Now, there is an added wrinkle in the aftermath of National Association of Realtors (NAR) settlement that stemmed from the Sitzer-Burnett verdict. How buyer's agents get paid has changed as of August 17th, 2024. These changes, aimed at increasing transparency and fairness, could significantly impact both home buyers and sellers. Let’s dive into what these changes entail and how they might affect your next real estate transaction.

What are the NAR Commission Changes?

Historically, in most real estate transactions, the seller has been responsible for paying the commission for both their own agent and…

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Is Summer the Perfect Season for Buying and Selling Real Estate in the Washington, DC Area?

Ah, Summer! The season of backyard barbecues, beach trips, and, you guessed it, real estate transactions. If you’re in the Washington, DC area and contemplating whether to dive into the housing market during these warmer months, you’re in luck. Let’s explore why Summer might just be the golden season for both buyers and sellers.

The Buzz of the Market

Summer is synonymous with activity, and the real estate market is no exception. The warm weather and longer days mean more time for house hunting and open houses. Families may prefer to move during the summer to avoid disrupting their children's school year, leading to more listing and buying activity.

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