David SidoniFirst-time home buyer advocate, podcast host, and real estate pro helping renters become owners with real talk and no BS

Top 3 affects the real estate lawsuit has for first-time home buyers.

Name: Top 3 affects the real estate lawsuit has for first-time home buyers.
Uploaded: 2024-03-25T22:12:36+00:00
Duration: 37 s
Channel: David Sidoni
Description: David Sidoni breaks down three changes from a real estate lawsuit hitting first-time buyers: agents now require signed contracts, MLS listings won't show…

25 Mar 2024 · 1 min

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David Sidoni breaks down three changes from a real estate lawsuit hitting first-time buyers: agents now require signed contracts, MLS listings won't show agent fees, and sellers may still cover those costs. A deeper dive is coming on his podcast.

Questions this video answers

March 25, 2024.

1) Buyers will have to sign a contract with their agent. 2) Agent fees will no longer be posted on the MLS. 3) Agent fees can still be paid by the seller.

Chapters

Listen, if you're worried about the new real estate lawsuit and you're a first time home buyer, for a first time home buyer, there are only three basic things that are going to affect you. Number one, you're going to have to sign a contract with your agent. Number two, your agent's fees will no longer be posted on the mls. And number three, there is still an option for your agent's fees to be paid by the seller. That's it. The industry's not going to go crazy. Changing for first time home buyers. That's really it. Now, this lawsuit does change a whole lot of other things in real estate. So check this channel because in about a week, I'm going to drop a podcast telling you everything you need to know, specifically for the first time home buyer regarding what's changing in real estate.