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Real Estate Shakeup! How the NAR Settlement Impacts You Starting July 2024

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Big changes are coming to the real estate world, and Explore55Plus is here to help you navigate them. In this video, we dive into everything you need to know about the recent NAR settlement. We'll cover how these changes will impact buyers, sellers, and agents starting July 2024.

Stay ahead of the game and get ready for these changes with us! Don't forget to like, comment, and subscribe for more exciting updates and expert tips on the real estate market!

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CHAPTERS:
0:00 Introduction & Disclaimer
0:30 Overview of the NAR Settlement
1:40 Changes to Multiple Listing Service (MLS)
3:12 Mandatory Buyer Broker Agreement (BBA)
3:50 Potential Outcomes and Speculations
5:00 Impact on FirstTime Home Buyers
7:00 Real Estate Transaction Costs
9:00 Importance of a Buyer's Agent
10:00 Possible Market Scenarios
11:17 Negotiating Commissions in a Buyer’s Market
12:04 Real Estate Pricing and Market Conditions
14:00 Transparency and Loyalty to Agents
15:30 Future of Real Estate Transactions
18:00 Impact on Various Loan Types
19:00 Final Thoughts and Opinions
20:00 Explore55Plus Impact & Call to Action

Explore55Plus is a video based platform that helps you discover the perfect active adult community. We provide you with a visual and informational experience to help narrow down your search. Once you have an idea of the communities you'd like to see let us connect you with our team of experts to help find the perfect home.

posted by sweetlilspaseyj