CONSUMER GUIDE: FAIR HOUSING Buying or selling a home is more than a transaction—it’s fundamental to your long-term goals and financial future. Consumers and agents all have rights and responsibilities to promote a home buying or selling process free from discrimination. Here’s what you need to know: What is “fair housing” and how does it […]
WHAT IS MULTIPLE LISTING SERVICES (MLS)
CONSUMER GUIDE: CONSUMER GUIDE: MULTIPLE LISTING SERVICES (MLSS) When buying or selling a home, your real estate professional may use a Multiple Listing Service (MLS) to find homes for sale or market your property. Here is what you need to know: What is an MLS? MLSs provide online platforms that compile home listings from brokerages […]
WHAT ARE SELLER CONCESSIONS?
CONSUMER GUIDE: SELLER CONCESSIONS As a home seller, you have choices when deciding how to market your property, including whether you’d like to offer concessions to attract buyers or close a deal. Here’s what you need to know as you consider whether this approach is right for you: What are seller concessions and why make […]
NEGOTIATING WRITTEN BUYER AGREEMENTS
CONSUMER GUIDE: NEGOTIATING WRITTEN BUYER AGREEMENTS You’ve decided it’s time to buy a home and want to work with an agent to guide you through the process. The next step is to interview agents and negotiate a written agreement that includes the services the agent will provide and the compensation they will receive. Here’s what […]
SELLERS GUIDE REGARDING OFFERS OF COMPENSATION
CONSUMER GUIDE: OFFERS OF COMPENSATION As a home seller, you have a wide range of choices when deciding how to market your property. This includes whether you’d like to offer—or authorize your agent to offer—compensation to a buyer’s agent as a way to attract potential buyers. Here’s what you need to know as you consider […]
WHAT VETERANS NEED TO KNOW ABOUT BUYING A HOME
CONSUMER GUIDE: WHAT VETERANS NEED TO KNOW ABOUT BUYING A HOME The National Association of REALTORS® is proud to support those who serve our country on their journey to achieve the American Dream of homeownership. Veterans and active servicemembers often have unique needs when looking for a home, and agents who are REALTORS® are committed […]
OPEN HOUSES AND WRITTEN AGREEMENTS
CONSUMER GUIDE: OPEN HOUSES AND WRITTEN AGREEMENTS As of August 17, 2024, many real estate professionals nationwide will be asking buyers to enter into a written agreement prior to touring a home. But what if you are just attending an open house? Here’s what you should know: I am attending an open house without an […]
WHY AM I BEING ASKED TO SIGN A WRITTEN BUYER AGREEMENT?
CONSUMER GUIDE: WHY AM I BEING ASKED TO SIGN A WRITTEN BUYER AGREEMENT? If you’re a homebuyer working with an agent who is a REALTOR®, it means you are working with a professional ethically obligated to work in your best interest. As of August 17, 2024, you will be asked to sign a written buyer […]
Most common Home Maintenance costs
Most Common Home Maintenance Costs By Leah Daniels In Q3 2024, the average annual cost to maintain a single-family home rose to $10,433. Maintenance is crucial to keeping things running smoothly and avoiding emergencies. NEW YORK — The expenses don’t end when you buy a house. In fact, they’re just beginning. Homes come with a […]
Family Households Drop to 64% in 2024
Census: Family Households Drop to 64% in 2024 The percentage of families with their own children under age 18 in the household declined from 54% in 1974 to 39% in 2024, the U.S. Census Bureau found. WASHINGTON — About 64% of households were classified as family households in 2024, marking a significant change from 50 […]