Navigate the New Real Estate Landscape with The Oldham Group
At Oldham Group, we're committed to three core principles: Kindness, Professionalism, and Expertise. These values guide every interaction with our clients, ensuring a seamless and satisfying home-buying experience.
Buyer's Guide
Recent changes resulting from the National Association of Realtors (NAR) settlement aim to increase transparency and flexibility in real estate transactions. Here's what you need to know:
Starting August 17, 2024, all real estate professionals must enter into written agreements with buyers before touring homes. Our non-exclusive buyer-broker agreement offers:
The NAR settlement has changed how real estate agents are compensated. Here's how we are adapting to the change here at Oldham Group:
We include a seller concession in every purchase offer to cover buyer's agent compensation. While sellers must agree to this, we believe it will become common practice.
We offer a straightforward fee of 2.5% of the sale price, ensuring competitive pricing while providing high-quality service.
If the seller doesn't fully cover buyer agent fees through concessions, you'll be responsible for the balance. Here are some scenarios:
Seller's Response to Concession |
Buyer Options |
Seller agrees to a 2.5% concession as-written in our offer
Seller does not agree to our offer and counteroffers with a concession less than 2.5%
Seller does not agree to our offer and counteroffers with no seller concession
Choosing us means gaining access to:
While our fee structure is transparent, understand the comprehensive value you receive:
We look forward to helping you find your dream home!
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