Again thanks for all the great advice

Reasons to use a Buyer's agent, assuming Seller is represented by an agent: 1) That $700,000 house will be $700,000 whether the Seller pays commission to a Buyer's agent or not, so no downside, only upside unless you think you are a better negotiator and can get the price down. This is because the contract between Seller and Agent indicates TOTAL COMMISSION paid and permission to SHARE with buyer (aka. cooperating) agent should there be one. Commission paid by Seller DOES NOT CHANGE if the Buyer is unrepresented 2) In some areas it is ILLEGAL, or at minimum frowned upon, for seller's agents to double-end a deal (ie. represent both parties which is what is required should a Buyer approach without an agent) 3) There is information on MLS that is only available to agents and not the general public (ie. offer dates, specific availability for showings, rental history, Condo/HOA fees, etc.) 4) These days automatic lockboxes are used that require subscriptions to third party services that are not available to the general public, only registered agents 5) Theoretically, depending upon the morals, ethics and relationship of the Buyer and their Agent, Agents should be more knowledgeable about properties than the average consumer making what is likely the largest purchase of their lives. Professional agents that honor their fiduciary duties (they are hard to find but do exist) should be more knowledgeable on geographic areas, history of appreciation, liens, zoning, easements, tax issues on the property/Seller (which could be transferred to an unknowing buyer upon closing of the purchase), big ticket items (ex. windows, roof, electrical, plumbing, HVAC, foundation, water/fire damage/mold, septic systems), upcoming changes to local laws/bylaws/zoning, taxes (ex. land transfer, sales taxes if applicable, etc.), insurance, to name only what I can think of off the top of my head Reasons to use a Sellers agent: 1) Buyer's agents are SIGNIFICANTLY more likely to show a property where their commission is guaranteed via a contract between Seller and the Sellers agent 2) Buyer's agents are more likely to think an unrepresented Seller has no idea what they are doing and will try to convince them to accept a low-ball offer That's IT! No other reason to use a seller's agent except that buying agents won't show properties that aren't represented by seller's agents, or if they do it is with the intention of low-balling you. Everything a selling agent does is EASY and CHEAP for the DIYer.

Good luck in your new business! This is so very needed in this industry! Homebuyers and homeowners have been paying way too much in commissions! I hope you are very successful!

This occurs because the fed eases while the legislature is also easing. If the feds timed rates properly with the cuts and stopped printing money we would be fine. Probably have a period of deflation which would be painful for a few months but overall be a fever that breaks. The tax cuts have to also have reduced government spending. Th other cause of inflation during cuts its heavy deficit spending during a dip in tax revenue. The issue is all a catch. If taxes drop initially the government will run a huge deficit while revenue picks up from growth. They will overspend and the federal bank will print them out of a deficit. This causes long term inflation from the extra cash. So unless they can really create a huge budget surplus and influence the federal reserve to freeze rates we won't solve anything regardless of who is in charge. The system is stupid. Its designed to permanently enslave the masses into growing the money supply by pinching every ounce the citizens have. And people will claim that every ridiculous system is necessary and im just a dumb person because its designed to be self destructive if it isn't growing. Fiat monetary policy is a tumor that kills you in removal.

deficit spending is what is inflationary, not tax cuts. If govt is not overspending and taxing correct amount to cover its debt then there is equilibrium. Yes if more govt spending and tax cuts it's inflationary. If cuts to govt spending and the tax cuts create a surplus and reduction of the money supply you get low to no inflation. Debate can be made if moderate inflation is good or bad even at a 2 percent target. The real thing to look at is buying power vs wages compared to inflation.

Correction on the effect of cutting taxes: All business taxes are off of profit, not revenue, so cutting taxes does not effect prices of most goods (the price determined is the one that maximizes profit, regardless of how much that profit will be taxed). Businesses could use lower tax rates to compensate employees more, but they rarely do. High taxes do extract money out of the economy (typically out of the pockets of the most wealthy that rarely spend money anyways), but large government spending usually re-injects that money into the economy in places that are more needed (e.g. Public services, construction, etc). Trump has promised to reduce government spending which will mean less of that money is injected back in the economy.

"company pays employees more" HA yea the ceos and other high up employees that already have there pockets lined. All the hard working employees that actually do anything with get a thanks and a pizza party lmao

We listed our condo at $40k below what we paid for in 2019 and have had almost Zero activity the past 3 months. Our realtor wants us to drop the price even more but we just don't want to make a bad decision either way. We're in no rush and optimistic that those interest rates will drop and will hopefully get some buyers interested again. We also live in a very liberal, Blue state and predict that a lot of unhappy folks in the Red states will gravitate towards our State which would also cause an increase in the Housing Prices. What are your thoughts? Should we just take it off the market for the Winter and Re List again in February or March?

Deporting migrant labor will not make home building more affordable.

Well buyer’s agent paid by seller’s commissions. So I don’t know what are you talking about.

Not sure how you showed up in my feed, but thanks for the interesting info! Now back to the algorithm I scroll...

Just a note, with large tax cuts to the extremely wealthy, it is very possible that PE firms and wealthy individuals continue to buy up any houses on the market to make them rentals. This is happening all over the UK. Assets prices may well rise due to the tax cuts and the average person will experience a more costly economy.

Should I buy a house now? I don’t really need it, but I have an opportunity to buy a small manufactured home for about $125,000 on a half acre at about 5% interest rate on the Rio Grande in northern NM. I’ll live in it for a year and do some minor upgrades then I could rent it out as a vacation rental in 2026.

Musk D.O.G.E. = CORRUPTION IT'S A PRIVATE COMPANY CONTROLING THE AGENCIES MUSK AND THE BILLIONAIRES NEEDS TO RESPOND TO HAHA If a company or enteprenour is nice with Musk, good... otherwise, they are f* America is turning into a Banana Republic.. PREPARE TO EAT TOXIC WASTE and get screwed even MORE by House industry giants

26% of single family homes are being vacuumed up by private equity and Wall Street banks. Do you think this will slow down under Trump or grow exponentially. Only the top 1% will be living in a homes they own very soon. The rest will be renters paying whatever they tell them to pay.

The housing market will crash by 2026.

I like many of the points you made! Some other points I'd like to add. If immigrants are in fact deported in large numbers, then the homes they currently occupy will also be freed up. A recession is a 70% chance by some estimates. If unemployment goes up and layoffs happen regardless of what Trump does, then foreclosures can start to make an impact on inventory. Demographics are also currently changing, with slower population growth that is yet to be realized.

Most buyers save more with a Realtor than without. The person that represents themselves in a transaction has a fool for a client.

Im not low balling. I'm re-etablishing reality.

The selling commission is shared with the buyers if sold through different broker. The seller pays the same % either way.

That's why this real estate Business attract so many fleas balls

Can't be more than $2000 worth of value, ever. Think of it as hourly rate of work.

Is any of this stuff gunna matter in a couple years anymore? I'm guessing not.

I love this. Could we jump on a quick call? My name is Laura Moreno, I am the host of The First Time Home Buyer Podcast and wanted to learn more about what you think will happen with home buyers in the future ...

Good Stuff!! I am a home inspector / real estate investor in Portland, OR.