Leaders Tout Borough’s Opportunities and Potential at HGAR’s Bronx County Day Event
Diaz said the rezoning and Penn Access project “will be a way for us to reimagine the whole area. We are going to end up being the paradigm of health care.”
As of Aug. 17, 2024, many real estate professionals nationwide will be asking buyers to enter into a written agreement prior to touring a home.
68% of Americans believe the federal government should do more to expand affordable housing and rental options, and 58% will consider a candidate’s housing plan when voting in the presidential election.
The Hudson Gateway Association of Realtors has established a one-stop location for members to get the latest tools, forms and information on the NAR settlement and the practice changes dictated by the settlement reached in March of this year.
The listing broker or the seller may offer compensation to the buyer’s agent, but there are limitations to how that offer can be marketed—i.e., brokers can no longer communicate offers of compensation on an MLS.
Most agents are practiced at communicating their value to sellers during a listing presentation. Be just as prepared when you talk with buyers.
Eligible brokerages must have a Principal who is a member of NAR as of the date of class notice in order to opt in or be released.
Under practice changes that will take effect Aug. 17, real estate professionals will no longer be able to communicate offers of compensation in the MLS.
In 2022, the median net worth of homeowners was $396,200, while the median net worth of renters was $10,400.
NAR Chief Legal Officer and Chief Member Experience Officer Katie Johnson explained the deadline will provide a three-month window for NAR members and MLSs to prepare to implement the policy adjustments.
Under the new staff and member leadership, NAR is communicating more deliberately, sharpening its focus on the core mission of serving its members, and moving toward becoming a nimble organization.
Nearly every real estate professional who is a Realtor, a member of NAR, is covered by the release that NAR negotiated in the settlement.
The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), now make up a combined 38% of the home-buying market.
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