Treu Group Real Estate Weekly Tips 7/17/24

Episode Transcript

(00:00):
It is time for your true realEstate nine to one one mid week update
with your local real estate pro LisaTrue. Lisa, we talked about a
little bit when the news first cameabout, but we're closing in now on
an important date when there are goingto be changes with the real estate process
with agents. Tell us what weneed to know. Yes, there are
major changes to the way the entirereal estate system has worked for as long

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as there was a system. StartingAugust seventeenth, and really it should be
starting right now for everybody. NumberOne, you will need to hire an
agent, sign a document if youwant to go look at a property prior
to looking at it. No morepopping over to look at a property and
then deciding which agent you want touse. You're going to do that upfront,

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which, by the way, isnot a bad thing. You interview
should be selecting. The second biggestchange is not all sellers are going to
be pained for the buyer's compensation oftheir agent. Some will, some won't,
and that is something that is goingto be important. It's going to
require strong negotiations from your agent withthe seller on your behalf. You are

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ultimately responsible for paying the agent thatyou are hiring, which is a keyword,
and all of these changes, youknow, it's a lot. It's
a big change for buyers and sellers. Sellers will often have multiple offers,
and when they do, maybe onebuyer will say, I will pay my
agent themselves. It's going to bea little bit of a bumpy road,

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but we'll get through it, likealways, and again there's some really good
things that are coming from this.It's always been really important to have a
great real estate agent on your side. It's going to be more important than
it's ever been with what Lisa istelling you is getting ready to take place
here, so reach out to theTruths. They are ready to help you
buying selling if you're doing both thetruths five six, one, nine,

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seven, two, eighty three,twenty six. Visit True real Estate nine
to one one dot com or justgoogle true group that's tru