Have you heard about the changes to how everyone in America buys or sells real estate? If you’re planning on buying a home anytime in the future after August 17th, 2024, you need to listen to this. There is a lot of misinformation out there, so I’m going to give you the truth, read the contracts to you, and explain how this whole thing works. So make sure you stay to the very end. Knowing about these changes and how to navigate them could save you from paying a ton of money to a real estate agent.

The Old Way: How Real Estate Commissions Were Handled

Previously, when a seller listed a house with a real estate agent, if the seller chose to offer compensation to a potential buyer’s agent, that amount was entered into the MLS for all agents to see…

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Hey, it's Andy with the Mandel team and I'm here to bring you your July 2024 housing market update.

As always, we're going to be talking about single family homes only. So no condos, no townhouses.

We're going to be primarily focusing on Boca, Parkland, and Coral Springs. That's the area where our team does the predominant amount of our business.

So when we talk about these areas, we're talking about no country clubs, no 55 and overs, we want to give you the leading indicator showing you what happened in the real estate market last month, so you know where the market is headed, not where it's been.

A lot of times when you hear these stats from the media, you're hearing about you know, closed sales price, which is really indicative of…

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