Navigating the New Rules from the National Association of Realtors

Lately, there have been many questions about the ongoing lawsuit involving the National Association of Realtors (NAR). If you’ve heard about it but feel unsure about the details, you’re not alone. Even many realtors are still grappling with the potential consequences and changes that may arise from this situation.

Mandatory Buyer Agreements Starting August 17th

One significant change now in effect is that buyers will need to sign an agreement before viewing any property with an agent. This marks a substantial shift, especially for those who have previously purchased property under different circumstances.

In the past, while you might have signed an agreement to work with a buyer’s agent, it wasn’t always required before viewing properties. However, many agents, including those in our office, have proactively adopted this practice. Moving forward, it will be mandatory for everyone.

What This Means for Buyers

It’s crucial to do your research and find a knowledgeable and active buyer’s agent. Here are some tips to ensure you choose the right agent:

  • Research: Look up potential agents on Google, Facebook, Instagram, and Zillow.

  • Ask Around: Seek recommendations from friends and family who have recently bought homes.

  • Check Reviews: Pay attention to online reviews and testimonials.

Choose an Expert in Real Estate

Select an agent who is not only good at what they do but also knows how to represent you effectively. A skilled agent will help you navigate the buying process, ensuring you make informed decisions and get the best possible outcome.

We're Here to Help

As always, we are here to assist with any real estate questions you might have. Don't hesitate to reach out for more information or guidance. Our team is dedicated to helping you through every step of your home-buying journey.

You can reach our team at 912-489-0067 or anytime on our website, www.greatgarealty.com