The video discusses a new regulation effective from August 17, 2024, which requires homebuyers to pay the buyer's agent commission instead of the seller, presenting an additional financial challenge for buyers. The speaker outlines five strategies to manage or avoid this cost, including asking the seller to cover the commission, reducing the down payment, adding the commission to the sales price, negotiating a flat fee with the agent, and using grants or assistance programs. Despite the challenges, the speaker emphasizes the long-term wealth-building benefits of homeownership.
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Mike Patel is a Full-Time REALTOR® and Broker Associate at First Team Real Estate in Anaheim Hills, Ca.
With Years of Experience and Track record, Mike works with Buyers, Sellers and Investors in Residential, Income and Investment Real Estate.
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#buyerspaycommission #wontpaycommissions #buyertopayrealtorfees
Тэги:
#buyer_agent_commission_change #real_estate_commission_regulations #new_home_buying_challenges #buyer_broker_agreement_requirement #seller_paying_agent_commission #homebuyer_commission_strategies #reduce_down_payment_strategy #add_commission_to_sales_price #negotiate_flat_fee_commission #use_grant_assistance_programs #buyer_agent_commission_costs #seller_refusal_to_pay_commission #new_real_estate_commission_structure #commission_negotiation_options #overcoming_homebuyer_challenges