Maji's Market Minute July 18, 2024

The NAR Settlement May Cost Sellers $$$!

Did you know that the recent changes with the NAR (National Association of Realtors) settlement could be costing sellers a lot of money? Everybody thinks that it’s going to be saving money, but it may not be.

Why?

Because in the end, real estate is basically supply and demand and you want your listing to be in high demand. The only way to get that is to cast a super wide net. So the listings that are going to be on the market that are not offering a co-broker commission, buyers don’t have to see. They may opt to not see these properties. Why would they, if they might have to pay the commission? So my recommendation to sellers in this market, is to pay a buyers agent’s commission, set yourself apart. This is a great opportunity to do that and get your property sold first at a higher price.

REMEMBER EVERYTHING IS NEGOTIABLE AND EVERY MARKET IS DIFFERENT!

Like Majic, I’ll get it closed! 🗝️

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Maji

(Maji) Maria Ramos, Real Estate Advisor

Miami Realtor since 1993 | 2nd Generation Realtor | Miami native

Resiliency Ambassador 🌊

305-519-7940 | maji@majisold.com

www.MiamiHomeTrends.com

About me: https://linktr.ee/majisold