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Big Change in How We do Real Estate, Not Really!

By
Real Estate Agent with TOUCHSTONE REAL ESTATE SL3537832

All the news is about the change in real estate taking effect today.  We are seeing a lot of discussion on television and online about these changes.  Despite what you may have read about slashing of home prices, agents leaving the industry, and the sky falling - I don’t feel that way!  Who we are hasn't changed. What we do hasn't changed. How we do it will change, and we welcome the challenge!

A little background…a group sued the National Association of REALTORS® about commissions which was settled with some conditions.  That will result in a change on how we do business.  I saw what the result was going to be and added another Realtor Kindal Glasgow and a Broker Associate Kevin Sexton with 35 years of experience in new construction and real estate bringing my team to seven members Does that sound like a doomsday response?

My advice for buyers and sellers is to interview Realtors.  You want somebody who considers your real estate solutions over the interest in other entity. You need to have chemistry with your Realtor because you are going to spend a lot of time with them. Trust will grow through the process. For sellers, you list with the person you chose based on the services they provide. Not all listing agents are created equal. Buyers you will need to sign a buyers representation agreement before any Realtor can show you a property.

For the record The Betts Team can work with all Preowned Listing in The Villages, can represent buyers for new construction, and offer rentals solutions on our Facebook Page “Village Rentals”. We also provide a Concierge Service for those interested in renting a property they own or helping investors get started.  Social Media sites in The Villages can contain a lot of misinformation. I just want to set the record straight!

Dick Betts, REALTOR®

The Betts Team

Touchstone Real Estate

The Villages, Florida

717-860-3107 cell

Dick@DickBetts.com

#realestate #realtor #thevillagesflorida #homesincentralfl #thebettsteam #dickbettsrealtor #dickbetts #thevillages

Michael Elliott
Fathom Realty - Burlington Township, NJ
Burlington, New Jersey Residential Sales

If I ever have a buyer or seller lead in The Villages, your phone will ring !

Aug 17, 2024 04:35 AM
Dick Betts

Michael Elliott you can call me anytime!

Aug 17, 2024 04:46 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Dick. Many real estate professionals have been using a buyer's broker agreement for years. Now, all must do it. Level playing field. Enjoy your day. 

Aug 17, 2024 04:45 AM
Yohanna Thomas
IDS - Benge, WA

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Aug 17, 2024 07:06 AM
Roy Kelley
Retired - Gaithersburg, MD

This is timely information to share. Home buyers and home sellers are in good hands when they seek your professonal real estate advice and assistance.

Aug 17, 2024 07:09 AM
Tracy Lee Parker
RE/MAX DFW Associates - Royse City, TX
Buy*Sell*Rent

Hi Dick, I too welcome the challenge. I think the more we post about this it will help the public because I honestly think they don't know that much about it from a realtors perspective.

Aug 17, 2024 07:11 AM
Dick Betts

Tracy Lee Parker agree I am spending money on social media advertising pushing what I just posted.  True professionals will welcome this change!

Aug 17, 2024 08:17 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Just have to educate the buyers and sellers all over again. Great information. Thanks for sharing, enjoy your weekend. Bill

Salvatore Arizona Elite Properties.

Aug 17, 2024 08:50 AM
Lew Corcoran
Better Living Real Estate, LLC - East Bridgewater, MA
Expert guidance. Exceptional results.

Thank you, Dick, for your insightful take on the recent changes in real estate! I appreciate your proactive approach and encouraging message that, at the core, our dedication to serving clients remains steadfast.

Aug 17, 2024 11:59 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Dick- much to the chagrin of the media, the real estate sky is not falling.  Agents will do what they've always done to work with their clients. 

Aug 17, 2024 12:56 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Dick Betts whether it is a welcome change or not Realtors need to deal with it or get out of the way.

Aug 17, 2024 03:06 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for a straightforward post. The sun will still come up and we are all still here

Aug 19, 2024 04:10 AM