Breaking News: Nar Lawsuit Introduces New Rule For Home Buyers - Contracts Required Before Viewing!

[@size-matters]

The internet will replace realtors just like it did travel agents. I don’t need a realtor to find a house. I only need a title company for the legal paper work.

[@chateauchamonix]

the internet replaced them years ago they just had a little mafia going and making sure a sellers house couldn't sell without them..its disgusting

[@TheRealLivingWithLisa]

Good luck getting the title company to write your contract, negotiate the terms, hold the seller accountable for performance, hold any lender accountable for time frames, perform inspections and contingencies... and title companies will not show you homes. You can act on your own behalf and if you know real estate law, consumer finance law and of course your rights under the contract, ( including your performance) perhaps you could navigate a sale. The risk is yours to take~~~ thank you for watching.

[@jimwolfe4286]

Lisa, I think the "for sale by owner" segment of the R/E Market is going to expand. The contract signing requirement is going to discourage people searching for R/E. I also think the "All Cash" buyers will have better negotiating leverage in a R/E Market which has changing dynamics....The timing of this legal change could not have been worse for hard working Realtors like yourself. Thank you for another Terrific Video ! Please pat Truman for me..

[@jameskauker9522]

We would never pay a buyers agreement. Simply call and schedule with the listing agent. The For sale by owner business will really take off.

[@JoyDoesStuff]

Except you may still need to pay the LA..the LA in that capacity will transition to a transaction agent and if the seller still doesn't want to pay them for being your agent then you may still have to pay them.

[@Questionsabout-yv1ks]

To each their own. I like having my own representation.

[@debd3316]

@@jameskauker9522 buyer contacting listing agent: wouldn’t you still have to sign a buyers agreement? Buyers should have their own representation.

[@eduardocorrea530]

@@JoyDoesStuff As a seller, if you decide to do a For Sale by Owner (FSBO) you will not be paying an agent, and as a buyer, if you decide not to use an agent, you will not be paying an agent. YOU CAN conduct the entire transaction without an agent. And as per the NAR website itself, it clarifies that buyers are NOT always required to sign an agreement before being given access to a house for sale.

[@JoyDoesStuff]

@@eduardocorrea530 Yeah. The data shows that FSBOs don't get the highest market value. So you could always do that, it hasn't always been the best idea.

[@5dimension237]

Thanks for the info. I've been a FL Realtor since 2003. This new system will make thousands of Realtors drop their licenses, they will stop paying $880 a year to Realtor Associations. Recession will put many Agents out of service too. HOA rising 40% plus, high txs and insurances going up 100% only the rich will keep their homes.

[@TheRealLivingWithLisa]

I think you may be right..... I don't see this helping anyone, not even the seller. Without buyers you can't sell....

[@veronicalee5937]

From the Buyer's position this will KILL a lot of 1st time Homebuyers who can BARELY come up with the DOWN-PAYMENT, CLOSING COSTS, TRANSFER TAXES and now THE REALTOR'S 3% COMMISSION!

[@TheRealLivingWithLisa]

Agreed... but maybe that's the governments plan... "you will own nothing".

[@Zandanga]

​@@TheRealLivingWithLisa Bingo ...

[@patricialmt5272]

​@@TheRealLivingWithLisa And you will be happy 😅

[@TheRealLivingWithLisa]

@@patricialmt5272yep

[@chateauchamonix]

why? no one needs a buying realtor

[@KAZHE63]

No way am I signing this. Waiting until spring, saving more money, and watching how this unfolds over the winter.

[@TheRealLivingWithLisa]

Gotcha..

[@chateauchamonix]

you dont have to sign it no one needs a buying realtor

[@Pelican5077]

@@KAZHE63 Spring of 2028 is when the real bargains will begin to be available. In 200+ years, since the land speculations of the early 1800s, it’s never been different. The cycles are 18-20 years. The up cycles average 12 years. Down cycles Peak to trough average is 4.6 years. Depending on whether you want to assess the timing from the nominal peak, the ‘real’ peak, use new home pricing, existing only, or the combo, you will get a different end point. But they all point in the same direction…down. And they all point to a time frame of 2027-2029. So take the midpoint and you get spring of 2028. It’s been memory holed. But the real estate market was in trouble in 2019. And if it hadn’t been for the repo crisis and a massive liquidity injection, followed by helicopter money the cycle would have played out as it always does. But all of that plus massive govt intervention and interference has delayed the inevitable.

[@zivagrisaru7699]

Excellent video! Thank you!!

[@davidrivera9728]

Lisa, I would refuse to sign. I think if enough buyers pass on signing, the law will change back to the original process.

[@TheRealLivingWithLisa]

From your lips to gods ears..... but Biden's DOJ made the rule.

[@justcruisinmom1682]

@@davidrivera9728 For me I guess I will be looking for FSBO’s

[@chateauchamonix]

@@TheRealLivingWithLisa its common sense Lisa its happening and sellers will push back and no longer pay a buyers realtor so they can all go get a real job now

[@chateauchamonix]

@@TheRealLivingWithLisa no they didnt you realtors installed it years ago out of greed

[@haikoi]

You technically don't need realtor representation considering the contract the realtor prepares goes for attorney approval. Assuming the attorney is vested real estate attorney and has approved multiple contracts, you can simply rely on the attorneys find judgment and get the contracts approved or better yet go with a FSBO setup. thus creating a win win for the buyer and the seller.

[@Naebl-cd5kp]

A lot of realtors are going to be out of a job!

[@lavida57]

I hope this is the straw that breaks the back of the NAR. The RE industry has gotten out of hand. Its Ridiculous to pay 6 % to sell a house.

[@survivorgrandma5172]

I guess banks will have to change the way they do preapproval letters. I always looked first and then if I committed to buy, my bank would do the preapproval specified for that property. I have looked at a lot of properties online that looked great in the pictures, then when I saw it in person...it was sh*t. I think it's a lot of extra hassle for potential buyers. I've always bought with contracts that had the seller pay closing costs. I guess it does weed out non serious buyers, but to sign a contract just to look...I don't like that.

[@TheRealLivingWithLisa]

As you said, it does weed out the non serious buyers. If you really want to buy, you'll be prepared by getting a loan approval.... .

[@LotsaThingsNstuff]

This is going to make people avoid using anyone associated with the NAR.

[@TheRealLivingWithLisa]

Actually that would send you to a "sales person" who does not have to follow any code of ethics rules... so be careful.

[@elizabethschneider6173]

What if people got fed up with the new laws and starting selling their properties privately ? Just a thought on how this may go. 🤔

[@TheRealLivingWithLisa]

Well they can do this now, but buyer beware. Sellers may not be forthcoming with deferred maintenance or any issues that may materially affect the value of the home. When you use a list agent they require you to disclose everything.

[@clwest3538]

@@TheRealLivingWithLisa I thought those issues were covered under state laws - even 'as is' laws. Realtor can only 'disclose' what they are aware of ... ... Seems a good inspection professional, title company and an attorney could safeguard the buyer. Maybe I'm wrong, but that's how I purchased a FSBO; I came in with property inspector, title research and my attorney wrote a contract (then I offered that $$ amount below what they were asking) and already had financing lined up (paid it off in 8 years btw).

[@chateauchamonix]

@@TheRealLivingWithLisa and charge you 6% for it ..get a real job Lisa

[@eduardocorrea530]

@@TheRealLivingWithLisa It would be foolish to rely upon the integrity and knowledge of a real estate agent to gain the information about the maintenance of a home. THATS WHAT A HOME INSPECTOR DOES. Realtors have their roles and value, the good ones are going to flourish in this next era.

[@veronicalee5937]

I would always ask the buyer to sign a Buyer Agreement and I can't tell you HOW MANY times the Buyer's would refuse and next thing I knew they went to another agent who made the commission. THIS is a GOOD thing for Realtors! No more wasting your time with the "tire kickers"

[@TheRealLivingWithLisa]

Well it will bring uniformity.

[@debd3316]

@@veronicalee5937 I agree. Being an agent for 18 years, buyers will not sign a buyers agreement.

[@chateauchamonix]

thats coz you asked them to commit to you and they dont know you from jack shit you could be useless no buyer should have to sign a buying contract and they wont its not mandatory to buy a house we dont need you buying agents you are the cause of house inflated prices so stop with your gaslighting tactics the public are not that stupid

[@clwest3538]

Well, maybe the realtor didn't gel with the client (personality) or just didn't listen to what was being asked for - as in the case of my son - asked for 3 bedroom 2 bath - really hard, right? Kept showing him 4 and 5 bedrooms or larger 3 bedrooms 1 bath with a 2nd added on as an afterthought. After 4 days of wasted time looking at these 'wrong' homes, he finally asked, point blank, why? She state they just didn't have any of what he was looking for in inventory! Talk about wasting time - he went to another realtor and she lined up 3 houses - one of which he purchased. We deduced first realtor was looking for bigger commission. Not a 'tire kicker' .... any recourse / contract for purchaser's time?

[@samsonabraha9536]

Do you know realtors one of the cause of sky raketing the house price to get high commission? But the stone they throw hit them back !

[@debd3316]

@@samsonabraha9536 that is not true. Realtors are your best source of values. If the list price too high and then the home just sits in the market? Double work for us too! The prices increased because of the inventory, lots of listings, the price goes down, few listings, the price goes up.

[@clwest3538]

I got out of RE back in the late '90s when 'buyer agents' were just really becoming a thing; I only did commercial at the time. Glad I got out - commercial sell/lease was heck for me - my broker was who kept gypping my commission .... I didn't feel like getting my broker license so just got out. All is good, I purchased FSBO with my 'team' and an attny and it was a great experience; paid it off in 8 yrs. Hope this works out for all you folks.

[@7SideWays]

The public will get more and more educated about how to buy and sell safely and effectively on their own from here. What do you call 100,000 RE agents that quit to go do somerhing productive? A good start.

[@chateauchamonix]

well said

[@WyomingGuy876]

To depend on the Seller's agent to set up an unbiased inspection, survey, comp review, to dig into the property taxes and be honest about the neighborhood, HOA and such when they are representing the SELLER and not me, the buyer, is NUTS. Especially if you're moving into an area 8 hours away from where you currently live and know nothing about the property history, condition and HOA. I'm looking at 20 acre properties in the western part of the state, some with dwellings and some raw land. I need a buyer's agent to do the leg work.

[@G-Man-kc2nm]

Nope, not me! I’ll never sign that garbage. I’ll have a Realestate lawyer handle the paperwork. I did that when we sold our last home, for sale by owner! I think they just destroyed the Realestate business. Sorry for that.

[@TheRealLivingWithLisa]

It's not a good rule in my opinion as it hurts buyers. Open houses is all you can view in this scenario,. And yes, you can have a lawyer draft your contract... just expect to pay for and and all revisions. Thank you for your comments.

[@ELEVOPR]

The settlement that is going to screw buyers big time. That's not gonna work. All they did was make it seem like they did something better for buyer and sellers when in fact they did not. Imagine making me responsible from someone else's failure to pay. Florid is going backwards.

[@TheRealLivingWithLisa]

I agree.

[@kernelkorn6545]

The government is requiring buyers to sign an agreement? The government? Sure it’s not the NAR forcing these agreements? Requiring buyers to pay the buyers agent commission is the stupidest thing I’ve ever heard of. It is destined to fail miserably.

[@haikoi]

What happens in an event the buyer and seller choose the same real estate agent as to represent them? Can the commission be limited to what the seller is willing to pay the agent?

[@jetfan6129]

Emergency rate cut will just add fuel to the fire. And anyway it's the buyer that pays for everything, everyone else has their hand out. As in the realtor's, assessors, inspectors, greedy sellers, mortgage fees, etc.

[@TheRealLivingWithLisa]

Agreed... if not for the BUYER the seller would not have a sale and make said profit.... I say don't look a gift horse in the mouth.

[@BillyMartin68]

It’s about time this finally changed. Why should a seller have to pay a 6% commission? If someone is selling a 500K home why should they have to shell out $30K? Buyers need to pay their own agents. Great news for sellers. 🎉

[@gradosa8272]

@@BillyMartin68 if you list the house for 500k and on top of other fees, lawyers, title companies, a buyers agent. The final price is over 550k. The buyer is always holding the tab.

[@ELEVOPR]

LOL, they buyer is going to offer you less now. Its not going to work. They buyer did not earn 300k in equity, you did. Think about that. It's hard enough selling a home today, making a buyer payer a fee was not smart and could potentially make it unaffordable. ill be looking for a home sold by owner and just need a lawyer.

[@Pelican5077]

You are dreaming. Shoppers who might have turned into buyers in the past just won’t bother. In the end, this means less traffic, less closed deals, and lower prices over time. The bottom will be brutal when it arrives in 2028 or 2029. What’s funny is that this settlement is exactly backwards. The sellers agents are mostly useless. It’s the buyers agents that do the real work and provide the most value.

[@BillyMartin68]

@@Pelican5077 I may be dreaming but I’m still not paying for someone else’s realtor. A buyer can always try the next house in the list. I have my own problems to pay for. My price is firm and it will stay firm. Buyers have to sign a contract with their own agents now so that’s a step in the right direction. I’m not giving anything away. I’m not running a charity. Peace and good luck.

[@Pelican5077]

@@BillyMartin68 Good morning. We live on our sailboat, so no dog in the fight. I don’t disagree with your position. If I owned a property, I wouldn’t be keen on paying for someone else’s realtor either. But you’re missing the point. Once these changes are in effect the ultimate harm will be to sellers. Less traffic. Less looks. Fewer offers. What does a sellers agent do. Fill out some forms. Take some pictures. Suggest a price. Maybe do an open house. And wait. They are not proactively looking for buyers. And, many of them are using this change to raise their prices. 3% is going to become 4%. Or more. You may think you have a ‘price’. And maybe you do, maybe you won’t sell unless you get that price. And that’s fine, as long as you have no reason to sell. But when the market turns, and it will, because it’s never been different, not in 230 years, and you find your equity melting away, you may be wishing that buyers agents were more plentiful and bringing traffic to your door. Best of luck.

[@ld45678]

You do not have to use a realtor. I have bought 7 homes without a buyer's agent, a 3rd grader can do it. These agents are misleading people

[@chateauchamonix]

exactly

[@nutritioncoachjo]

How do you view homes that are listed if you don’t sign the agreement?

[@DLP71]

Thank you for your video, this also sends more info to families that are moving out of state, to do their homework, before purchasing a home👍👍

[@fxmx9003]

fantastic piece as usual Lisa -thank you!! I can confirm even up in nasty. New England, sales are down, but median home prices have reached all time highs. i’m glad you lived through the 2008 recession. I lost about 40% dumping a 2nd property in 2014, that I bought in 2006 but values never recovered in location Hey, survived too. hope to cash in to Florida for property, but that’s another roller coaster. 😂

[@gradosa8272]

real estate agents just list house or show to prospective buyers. They CANNOT give legal advise, draft contracts. They only work as coach and help to get in contact with some people and coordinate with them in order to get their compensation. They work for the seller not your interest as a buyer. That’s the reason buyers beware in real estate transactions.

[@chateauchamonix]

yeah and they take a huge sum just for nothing, thee seller pays out of the house they sold which fyi cripples some buyers especially now, I would be more than happy to give the discount to a buyer especially a first time buyer than some greedy realtor who just stands there looking stupid. why do we need them ..we dont they are all shady over paid over inflated egotistical idiots for the most part

[@gradosa8272]

at least in NY I can retain an attorney for the transaction As buyer’s agent and draft the contract, at least I feel like the person is going to conduct a due diligence. The first house I bought my attorney was very adamant of the whole deal, 🙄I told him, I want the house and close on it. 🙄It was a money pit with tenants from hell. 13 years later I got rid of the headache 🤕 The attorney was right.

[@islesofshoals3551]

I sold my condo in April and am riding this out in a rental for a while. Not necessarily cheaper but no worries with taxes, maintenance and insurance. Will reevaluate in a year

[@TheRealLivingWithLisa]

Sounds like a solid plan~

[@andrewdonlon1649]

Whaa whaaa. The NAR settlement is a good thing as it actually restores "true" fiduciary agency......something that present day "Realtors" rarely, if ever, employ. The "transaction broker" monster created by NAR in the early 90's never served either sellers or buyers yet still remains the Realtor relationship of choice to this day. It is and always was a bad idea that lowered the standards of a so-called real estate professional. Embrace the new old concept of Agency.

[@natureloversadventures7335]

Most sellers are making bank now by selling while buyers are broke. It makes no sense.

[@nildalindsley2727]

I will just use the listing agent, as I always have, I have found that the buyers agents are not what they claim they are. They don't care about you, just the money.

[@Juliet875]

It willl certainly be interesting especially wirh home sales at an all time low in certain states. Thanks Lisa and Love the T-shirt!

[@irishinusa1615]

As always, excellent report 👍. I agree that it is important to interview realtors. After this, now essential! I feel concerned for less performing realtors or new starters with the challenges ahead. Finally, we would hire you👍👏😎

[@StacemanFPV]

Home sales area going to go down... SMH

[@joannjordan6549]

Why can't i go to Association of Realtors office, buy forms, purchase agreement, and write offer myself, take to Listing Realtor 😢

[@chateauchamonix]

you dont need to a title agent does that and you will need one anyway because realtors dont have permission to do anything but show you a house and write an offer, any one can do that no one needs a buying realtor or a selling realtor for that matter

[@ggbice]

Title companies don't write purchase offers on homes. They clear title and facilitate conveying the property from seller to buyer. They provide the HUD statement, Title Insurance, and prepare the property Deed. ​@@chateauchamonix

[@garymcgovern1423]

Hmmm. I'll look into this one of my son is in the market for a house in Laconia New Hampshire where he lives he just got pre-approved from a mortgage company that gives them the paperwork to go to any open house where he can even make an offer. He's the last one in my house that needs to buy a house and we'll take any advice we can get. Seems like my whole family is moving out of crazy Massachusetts because we're spending 50 million a month on illegal immigrants in our taxes are going crazy.

[@TheRealLivingWithLisa]

We need major change in this country. We won't survive paying for illegals... we can't even support ourselves.... charity starts at home. But anyway.....Make sure your son finds a well seasoned realtor.... thanks for watching.

[@chateauchamonix]

he doesnt need to use a buying realtor the realtors are manipulating information by playing on buyers now and telling them oh its awful but...tell your son to go to the house hes legally allowed to represent himself sans buying realtor and any seller will welcome him and also be happier to give him the discount instead of being forced to give it to some buying realtor . buying realtors are crooks its hard enough to pay the commission to s selling realtor never mind a buyers realtor on top of it

[@garymcgovern1423]

Go to device I'll definitely look into that I don't want to have to pay 2 commissions ​@@chateauchamonix

[@chateauchamonix]

@@TheRealLivingWithLisa why are you bringing politics into this..are you stupid

[@debd3316]

18 years in the RE business. I believe the buyer contract may be another deterrent, and help promote virtual purchases.

[@TheRealLivingWithLisa]

Possibly and there will be a bunch of buyers that are handed problems. Buyer beware.

[@chateauchamonix]

@@TheRealLivingWithLisa oh here we go again...because you take care of buyers right? wrong..your in the realty business because of the outrageous commission you get no more gray boats for you now its gone

[@Lucy-ec4pt]

If I go and buy a house I'll only go see those houses are for sell by the owner bypassing realtors completely

[@lyndaboca8111]

So there is no set commission rate for this Buyers Contract, correct??? No more set rates, that was what the law suit was about. As for purchasing all the information is now on the internet, a savvy buyer can look up the properties history as well as what has sold. Scary now for agents...sorry this happened as sellers always paid...

[@TheRealLivingWithLisa]

Commissions are always negotiable... we do not have set commissions.

[@KJ4IQE]

OH SNAP!!! I look at houses all the time on Zillow.

[@TheRealLivingWithLisa]

And that you can do all day long... thanks for watching.

[@KJ4IQE]

@@TheRealLivingWithLisa yeah, until they start charging a subscription fee for that too. I would never waste an agent’s time just looking. Time is money.

[@paulabell9198]

THANK YOU LISA. I'M LATE BUT STARTING TO LEARN!!!

[@gradosa8272]

🙄realtors were always representing the sellers.🙄never had the buyer’s best interest

[@TheRealLivingWithLisa]

You have to hire a "BUYER" agent.... the list agent represents the seller... and that's why you need a buyers agent to work for you.

[@chateauchamonix]

realtors scam the seller and the buyer they take care of themselves.

[@chateauchamonix]

@@TheRealLivingWithLisa you dont have to hire buyers agent

[@cookiedough5374]

No problem. I will simply go direct and skip the realtor.

[@justcruisinmom1682]

Can you represent yourself and just call the listing agent without representation 🤷‍♀️

[@TheRealLivingWithLisa]

Any agent who is a member of any MLS has to comply.. so the list agent will be required to have you sign it. You can sign it and ask the agent to negotiate with the seller to pay it.

[@chateauchamonix]

yes thats the whole point of this lawsuit. buying realtors where getting a huge payout from the sellers and they complained and sellers actually won the court case. you dont need a buyer realtor you never did all you need is a title agent which by the way you still needed even with a buying realtor as the buying realtor cant do much more than show you home and fill out a buyers offer form its smoke and mirrors and was a big game for realtors to make more money but the games up. seller will be happier to give the buyer a discount than these greedy realtors

[@ronvalla5620]

I live in the Ocala ,Fl area and I'm considering selling my house sometime as a turnkey home., so how will this affect me in selling my home

[@TheRealLivingWithLisa]

There will be an additional form for you to sign when selling.. just saying if you’re willing to share the commission with buyers agents.. and you should. Because buyers really can’t afford this and you”re not giving an agent a reason to show the house if not.. we will just have to call ahead to find out if your willing share compensation. Which comes from the buyer anyway.. they are the reason you’re making profit.

[@chateauchamonix]

it will save you half the commission and doesnt affect you at all, if you hire a realtor to sell your house then the buyer now has the choice always had actually ..to come see it without a buying realtor make an offer and go forth from there. so dont let any realtor tell you different. this lawsuit was won by sellers that where being extorted for commissions from listing and buyers agents in order to sell and they put a stop to it. its called unfair trading and it was getting out of hand as they where making sellers give extra to a buying agent to lure a buyer to buy a house just so buying agent could get commissions and 10s of thousdands extra..its corrupt and its now been dealth with

[@chateauchamonix]

you wont have to pay a buyers commission and will save that money

[@joannjordan6549]

Can I call Listing Realtor to setup showing and if I want to make an offer, have Listing Realtor write offer. No commission paid by me,buyer.

[@chateauchamonix]

yes you can go see the property if you call the listing person

[@MariaSantana-je7dm]

You are the best!

[@user-vsmsdos]

Why would I use a realtor at this point instead of just representing myself and going to the court to purchase the house myself?

[@chateauchamonix]

you have to do that anyway a realtor cant do any of the legal stuff they are not qualified. only thing a realtor is qualified in is bs and to manipulate you into signing their contract so they get paid..no more and thank goodness

[@joanncrimi]

Nice video on these changes!

[@TheRealLivingWithLisa]

Glad you think so!

[@lisad6106]

Will this stop buyers from tying up homes with long-term contingency contracts?

[@kharimarquette]

Not necessarily.

[@edhammond8709]

Nice you keep informing us I like that shirt my wife saves water on Fridays

[@AmericanConstellation]

Nice shirt!

[@georgejohns2284]

This will save Sellers and Buyers thousands per year. Realtors finally have to do their job if they want to get paid. Sellers should reduce their asking price and buyers should only pay their realtor by the hour. Don’t be deterred by “greedy” realtors needing to work to get paid. CHANGE IS GOOD!

[@Trike.]

Harbor freight is having a tool sale, but before you know what tools to buy , you have to sign a contract before you can get into the store to see whats for sale. . How stupid , And after getting your contact information you will get flyers and spam emails for years after.

[@TheRealLivingWithLisa]

Don't shoot the messenger. Realtors did not ask for this.... thank your government.

[@Trike.]

@@TheRealLivingWithLisa But thank you for explaining what the law means and how it will affect in finding homes .

[@veronicalee5937]

From the FSBO's POV this is a DREAM COME TRUE! They can now sell a house that could potentially have major issues with it to BUYERS who WON'T PAY THE COMMISSION and figure they'll "wing it" alone......GOOD LUCK to those Buyers...

[@TheRealLivingWithLisa]

I can see that happening... maybe the lawyers will clean up.

[@geraldjackson9767]

The seller should always pay there own realtor commission. If your In a good position to sell and the buyer is usually stressed to make the monthly mortgage payment. This is going to make a possible home owner think renting isn't all that bad. I mean, let's face it. People now days like everything easy and painless.

[@TheRealLivingWithLisa]

I agree the seller should pay.... the number one question is.... where does the seller get his profit? THE BUYER. ( without a buyer no profit) ..... so, will buyers choose homes where the seller pays the fee. Realtors will call the list agent to find out and provide this information to the buyer and the buyer will choose which homes they want to see.... I'm interested to see what buyers do with this change. I think buyers will have a bigger influence on which homes sell.

[@warst04]

I will not sign nor agree to pay the buyer agent. Looks like I'll just have my wife get a realtor license.

[@TheRealLivingWithLisa]

Well, even if she's a realtor, you still have to sign it to see property. It's not a rule realtors came up with..... your government is to blame for increasing the cost to buyers.

[@michellemason222]

Big bog win for investors. Less competition means lower prices for them !

[@chateauchamonix]

how so? a buying agent never dictated a sale they just stood there with their hand out. this makes no difference to house sales in fact the seller will save more and gladly give the discount to a buyer, your delusional

[@Trasee_theRealtor]

It’s your shirt that got my attention 😂😂😂😂

[@tinkerbelle4453]

The background music is so annoying and doesn’t match🤨🤨

[@robocowone464]

REAL-ESTATE AGENTS ARE NOT NECESSARY TO BUY AND/OR SELL REAL-ESTATE!!!

[@maryannoneill297]

Buyers will pay a price

[@TheRealLivingWithLisa]

You are correct and you can thank the government for that.

[@terriroot7665]

Sell your own home by yourself just get realtor attorney

[@justcruisinmom1682]

What about going to an open house?

[@TheRealLivingWithLisa]

You can go and look, but you'll have to sign it if you want to buy it.

[@chateauchamonix]

@@TheRealLivingWithLisa no you wont have to sign it, stop lying Lisa ..no one has to sign a buying realtor contract they can buy a house themselves all they need is a title agent and they will need that anyway stop with your compulsive lies

[@vanillasf]

not a positive development

[@Naebl-cd5kp]

Well then one thing is for sure, I wll not buy a property in the US. I am an American citizen and will look for a home outside of the US and make my life elsewhere!

[@francodurand7388]

You are nuts thinking any buyer will sign a "contract" for opening doors..

[@TheRealLivingWithLisa]

Not my rule....... I think it hurts buyers.

[@ronvalla5620]

what does this mean for a sellerr

[@TheRealLivingWithLisa]

There will be an additional form for you to sign stating whether or not you are willing to share compensation with the buyers real estate agent. Buyers are the reason you would make any profit on your home.. agents will call ahead to find out if you’re willing to compensate before they make an appointment with you to see the house. Obviously they’ll tell their buyer if you’re willing to compensate this could have an effect on whether the house is shown.. the buyer may pass if they know they have to pay. Basically you can’t publicly advertise the broker compensation.

[@chateauchamonix]

@@TheRealLivingWithLisa and you will be reported to the commission for trying to get a commisson from the seller stating that you wont show the buyer the ouse unless they get it..its called blackmail enjoy your jail time

[@michaelmorgan9009]

So if I sold my house last year I guess I missed out on getting some money back for paying the realtors commision.

[@KAZHE63]

The buyer pays

[@chateauchamonix]

no you can make a claim online go google NARS sellers settlement claims. you can claim the past 10 years

[@marlenecorteguera9264]

You are funny ❤

[@tigersamuels1579]

God I hate realtors

[@TheRealLivingWithLisa]

Good to know...... 😂

[@tigersamuels1579]

@@TheRealLivingWithLisa yep, you are especially horrible

[@chateauchamonix]

your on here trying to delude the public into thinking they need a buying agent when the fact is the buyer never needed a buying agent. so stop it . your a realtor your bias bs is disgusting

[@TheRealLivingWithLisa]

lol.... thank you for boosting my content... the algorithm loves you.😍

[@chateauchamonix]

@@TheRealLivingWithLisa your welcome Lisa people read the comments more than they watch the video

[@vieshanblacksloft426]

How is this legal .... let the seller pay it

[@chateauchamonix]

why? why shud a seller pay for your agent? pay your own agent

[@vieshanblacksloft426]

@chateauchamonix because your msking the money selling the house that's why or it should be structured where the bank who Is making money should pay it. It's robbery

[@BLUESKYS4EVE]

I am right in the middle of making an offer for a new construction in Palm Bay FL. What a rude full stop in the process.

[@TheRealLivingWithLisa]

If you have representation from a buyers agent yes they will need the form signed, but the builder will pay for the compensation so don't sweat it.

[@chateauchamonix]

builder wont pay and ditch the agent and buy it yourself with a title agent no one needs a buying agent and you dont have to sign anything its not mandatory its a scam