Flyhomes’ Post

I had the privilege of being interviewed on WBBM | CBS Chicago about the recent National Association of REALTORS® lawsuit and what the settlement might mean for home buyers and lending. While there may be little to no impact for financially well off buyers, Veterans, first time buyers and buyers with low to moderate incomes may be left behind unless certain guidelines change. These buyers definitely need professional representation for their home purchase and may not have the means to pay for it themselves. 🪖 As of now, VA does not even allow Veterans to pay for their real estate commission, even if they have plenty of funds to do so. This needs to change soon or VA buyers will lose out. 🏠 If a seller refuses to cooperate and pay the buyer’s real estate agent commission, first time buyers, especially those with low to moderate incomes, will also lose out. Fannie, Freddie and FHA should change their guides to allow the financing of a real estate commission. It is essentially the same risk profile as if the seller agrees to pay the commission. 💵 Housing agencies and industry associations need to work together quickly to solve these potential big problems. The COMMUNITY HOME LENDERS OF AMERICA has been very involved urging regulators to address these concerns. The Mortgage Bankers Association and NAR have also been working with these agencies and we have seen some much needed clarification from Fannie, Freddie and FHA. But, more work needs to be done and done soon. One thing is certain, homebuyers need professional representation from knowledgeable real estate agents. The work now is figuring out how to pay for it. Thank you Jim Williams, Dana B. and Michael Brady. Keep up the great work Scott Olson and Taylor Stork, CMB!

The Los Angeles Real Estate market is busy regardless of what the media says. Sellers - pricing strategy is a huge component whether a property sells or not and if it does quickly. If a property is priced right, it will sell! Buyers - the right property for you is out there and it's still competitive as always in LA. If you are waiting for the rates to drop dramatically, highly suggest you don't and please don't fall asleep at the wheel during November, December and January otherwise come spring it will be much more competitive. If you wanna save, I have a lender that has extremely competitive rates! 30 YEAR FIXED CONVENTIONAL  6.00% @ ONE POINT 6.375% @ NO POINTS 30 YEAR FIXED FHA  5.625% @ ONE POINT 6.00% @ NO POINTS

In today's blog, we discuss some of the pros and cons to selling your home to an iBuyer. Real Estate by Michael ABR SRS SRES mike@realestatebymichael.com #realtor #homesearch #buy #sell #investmentproperty #durhamregion

When you've found your dream home, it's time to make an offer! This process is sure to go more smoothly and more successfully if you work with a real estate agent. Take a look at this blog to get a better understanding of the offer process and learn how an agent will improve it. Dana Wagenhals Broker/Partner Real Estate Hub Billings 406-671-1441 Dana@DanaWagenhals.com

When you've found your dream home, it's time to make an offer! This process is sure to go more smoothly and more successfully if you work with a real estate agent. Take a look at this blog to get a better understanding of the offer process and learn how an agent will improve it. Dana Wagenhals Broker/Partner Real Estate Hub Billings 406-671-1441 Dana@DanaWagenhals.com

With the real estate market always evolving, home sellers need to get a handle on the role of buyer representation. As the NAR settlement approaches, some sellers might not be aware of how these changes could affect their sales. It's crucial to stay informed, as not paying a buyer agent commission could lead to unexpected challenges. Learn more at the link below. ⬇️

Earnest money is an important part of the home buying process! As a real estate agent, I'm here to help you navigate the ins and outs of this important step. #RealEstateAgent #EarnestMoney #HomeBuyingProcess

In today’s hot real estate markets, buyers often find themselves competing against multiple offers for the same home. When a property is highly sought after, it’s not just about offering the highest price—though that helps—but also about crafting an offer that appeals to the seller in a variety of ways. From financial strategies to personal touches, making your offer stand out in a competitive market requires preparation, flexibility, and sometimes a bit of creativity.

Here is an article predicting the real estate market for 4th quarter. If you are thinking of buying or selling your property, the beginning of the 4th quarter may be a good time to do this. I’m available and happy to help!