Real Estate’s New Rules Went Into Effect Last Month. So? How’s it going?
I am not in the market to buy or sell a house right now, and I sure am glad.
I cannot imagine being on or in the real estate market now. I have not spent a lot of time trying to figure out how the new rules are supposed to help. At first glance though, it looks like there could be potential for missteps along the way.
Stress and aggravation are often a part of buying and selling houses anyway, and it seems like these new rules will just add to that.
My guess is this is going to weed out a lot of agents. I also bet there are going to be more sellers willing to FSBO and directly use a title company. (The last time we did a FSBO, it was back home and a lawyer wrote the contract and held the earnest money and then we closed at the title company.)
I think these rule changes will have consequences all around. Some of those will be unintended consequences.
Just wondering what others here think or know about how the changes will work — or are working.
Boomer
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Pogo was right.
Last edited by Boomer; 09-21-2024 at 07:46 AM.
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