Special Topics

Recap of changes after NAR Settlement

Expected Changes in Transaction  MLS form change      - Local MLS firms will change the format       - No field for BA Com.   Seller Agent Commission      - It could be a half : Seller agent commission only      - Or, it could full commission including buyer agent commission    Buyer Agent’s Commission      - Tough negotiation with...

What will the Future Bring? (5/15/2024)

What will the Future Bring?     Pent-up demand, settlement agreement will be factors.        -  Home sales in 2023 were the worst in nearly 30 years. The micro-level reasons—owners locked into low mortgage rates, low inventory, and rising interest rates—explain the fall in sales.          -  But looking at the big picture, it makes less sense. Last year’s 4...

Making Moves in a Complex Age (4/17/2024)

Top 10 Issues: Making Moves in a Complex Age (4/17/2024) 1. Geopolitical and the Global Economy - The conversation has shifted from a focus on global risks such as gas prices and commodities to pressing concerns about economic instability. - The list of stressors includes inflation, high interest rates, banking debt, and tightening liquidity, as well as the influences of AI, migration trends, hybrid...

“NAR Settlement & Buyer Representation” (3/27/2024)

NAR Settlement & Buyer Representation (3/27/2024) Points of NAR Recent Settlement  Makes clear that NAR continues to deny any wrongdoing in connection with the Multiple Listing Service (MLS) cooperative compensation model rule (MLS Model Rule).  NAR would pay $418 million over approximately four years. To put in place a new MLS rule prohibiting offers of broker compensation on the MLS....

The Impact of Transit Developments on New Jersey’s Real Estate

New Jersey's strategic location between major cities like New York and Philadelphia has always made it an attractive place for commuters and real estate investors. Recent developments in the state's transit infrastructure are set to have a significant impact on the real estate market, offering new opportunities for homeowners and investors alike. Enhancements in New Jersey's transit systems, including...

Navigating the New Jersey Real Estate Market: A Guide for First-Time Home Buyers

The journey to homeownership can be both exhilarating and daunting, especially for first-time home buyers. In New Jersey, with its diverse real estate landscape ranging from bustling urban centers to serene suburban communities, finding the perfect home requires a strategic approach. This article aims to provide a comprehensive guide for first-time home buyers navigating the New Jersey real estate market,...

The Rise of Smart Homes in New Jersey: Embracing the Future of Real Estate

In the heart of the bustling state of New Jersey, a silent revolution is taking place in the real estate market. The rise of smart homes is not just a trend but a glimpse into the future of living. As we dive deeper into the 21st century, the demand for homes that are not only comfortable but also technologically advanced is skyrocketing. New Jersey, known for its innovation and forward-thinking, is at the...

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