The real estate industry experienced a seismic shift in August 2024 when new commission rules from the National Association of Realtors (NAR) took effect. If you're planning to buy or sell a home, these changes will directly impact your wallet and how you work with real estate agents. Here's what you need to know. What Changed and Why? For decades, home sellers typically paid a total commission of 5-6%...
Introduction to FSBO The real estate market offers various methods for homeowners aiming to sell their property, one of which is 'For Sale By Owner' (FSBO) transactions. This approach enables homeowners to handle the selling process themselves, bypassing the traditional involvement of a real estate agent. Understanding FSBO is crucial for those contemplating this path, as it offers distinct advantages and...
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