Purchase a New Home

Purchasing a new home can be a very exciting time, however it can be a bit stressful at times as well, especially if you are a first-time home buyer. As your loyal buyer’s agent, I can guide you through the often-confusing home buying process, and I will work diligently to make the transaction as easy as possible for you and your family. There are many steps involved in the buying process including mortgage pre-qualification, writing and negotiating offers/counteroffers, survey, inspections, title insurance, homeowners insurance, the list goes on. It is important that you find an agent who will sit down with you before you start looking for a home and explain the entire process from start to finish. If you would like me to send you a copy of a document I put together called, “Homebuyer's Roadmap - Steps in the Home Buying Process”. Please send me an email, and I will be happy to share that with you.
 
How does the buyers agent get compensated? Prior to the NAR lawsuit and settlement in 2024, it used to be that the seller would agree to pay enough of a commission (5% - 6%), that the listing brokerage could share or split that fee between their brokerage and the brokerage who is working with the buyer. That compensation was advertised to agents inside of the MLS. Sellers can still agree to pay buyers agents if they choose to, however, the NAR lawsuit now says that sellers are not responsible for paying the buyers agent. Any seller offering compensation to buyers agents moving forward is going to want buyers to know they are offering to pay their agent, and they will obviously want to advertise that. The NAR lawsuit says they can advertise that compensation, but they will now need to advertise that information outside of the MLS. That means advertising will take place on agent websites or social media. At the beginning of the agent/buyer relationship, buyers sign a document with their agent called a "Buyers Agency Agreement". This document has always been something that gets signed, but after the lawsuit the Buyers Agency agreement will now state that if the seller is not offering compensation to the buyers agent, or if the buyer is unable to negotiate buyers agent compensation with the seller during the negotiating process, the buyer will be responsible for paying their own agent out of their own pocket. 
 
Whether you are a first time home buyer or a seasoned real estate veteran, I would love to work with you to make your home ownership dreams come true!