Spring Guide 2024

NAR Settlement: What It Means for Homebuyers

The real estate industry has undergone a significant transformation with new regulations taking effect on August 17th.These changes have shifted the balance of power in favor of homebuyers.

How Agent Compensation Has Changed

Traditionally, sellers paid a commission split between their agent and the buyer’s agent. This practice has been altered.Now, sellers have more flexibility in determining how much, if any, they will contribute to the buyer’s agent commission.

What This Means for Buyers

  • Dedicated Representation: Buyers must now enter into a formal agreement with an agent before viewing properties, ensuring they have a dedicated advocate working exclusively for their interests.
  • Transparent Fees: The elimination of advertised buyer agent compensation (BAC) means buyers can openly discuss fees with their agent. This increased transparency promotes fair negotiations.
  • Personalized Service: Agents are now incentivized to offer tailored services to meet individual buyer needs. This shift towards a more personalized approach benefits homebuyers.

Tips for Buyers

To make the most of these changes:

  • Choose a Reputable Agent: Select an agent who aligns with your goals and offers transparent pricing.
  • Ask Questions: Don’t hesitate to discuss fees, services, and expectations with your agent.

To learn more about the settlement details and answers to common questions, go to;  https://www.nar.realtor/the-facts/nar-settlement-faqs

March

Easter Activities

Photos with the Easter Bunny March 8 – March 30:

March 23 from 9AM – 12PM

Kidz Easter Celebration: Ridgeway Church,

465 Ridgeway, White Plains Petting zoo, pony rides, games, Easter egg hunt

March 23/24 from 9AM – 11AM

Stew Leonard’s Breakfast with the Easter Bunny

Stew Leonard’s, 1 Stew Leonard Drive Yonkers Breakfast Buffet & photo of the Easter bunny included

March 23 from 11:30AM – 1:30PM

Easter Brunch at the Royal Regency Hotel

Royal Regency Hotel, 165 Tuckahoe Road Yonkers Brunch, Egg Hunt & Pictures w/ The Easter Bunny

March 23/24 & March 29/30 from 10AM – 4:30pm

Easter Egg Hunt at Harvest Moon

Harvest Moon Farm and Orchard, 130 Hardscrabble Road, North Salem 3 years and under; 4 to 6 years; and 7/8 years. Tickets are $20 per person and include egg hunt, & carton and visit with the Easter bunny

March 30th from 10:00am-2:00pm

Easter Egg EGGSTRAVANGANZA

The Barley Beach House 95 Dearborn Avenue Rye

Includes Outdoor activities at Rye Town Park and brunch at Barley Beach House. Tickets are $35 per person; kids < 3 eat for free

April

May

Farmer’s Markets