Buyer’s Resource Page

Before Embarking on your

home buying journey, you must

know these things…


1) Find a real estate agent

Choose a real estate agent to help you navigate the market, find properties that fit your needs, and guide you through the process.

4) Make an offer

Once you find a home you like, work with your agent to make an offer. The offer should include the purchase price, contingencies, and a deadline for the seller to respond.

7) Close the deal

Once the seller accepts your offer, work with your agent, lender, and attorney to finalize the transaction.

Buyer’s Guide

2) Prepare your finances

Determine your budget, get pre-approved for a mortgage, research neighborhoods that fit your budget and lifestyle

5) Get a home inspection

Hire a licensed home inspector to evaluate the condition of the home and identify any issues that need to be addressed.

8) Move in

Congratulations, you're now a homeowner! Coordinate with movers and utilities to make a smooth transition into your new home.

3) Start your search

Use online real estate websites, attend open houses, and work with your agent to find homes that fit your criteria.

6) Get home appraisal

A home appraisal is an evaluation of the property's value by a professional appraiser. The appraiser will consider factors such as the home's size, location, condition, and comparable sales in the area.

NAR Lawsuit


What you need to know

The NAR lawsuit and settlement changes take effect on August 17th, 2024. While this has been a major topic of discussion in the real estate world, I want to ensure you are informed with correct information as we navigate this historical change together.

The Case

Sitzer-Burnett is a class-action lawsuit that was filed in Missouri federal court by a group of home sellers in the state against NAR and other defendants, including Anywhere, Berkshire Hathaway HomeServices, Keller Williams and RE/MAX.

The Claim

The plaintiffs claimed that real estate commission rates are too high, buyers’ representatives are paid too much, and NAR’s Code of Ethics and MLS Handbook, along with the corporate defendants’ practices, lead to inflated commission rates.

The Verdict

The ruling is the Sitzer/Burnett v. NAR lawsuit determined that the National Association of Realtors (NAR), along with Keller Williams and HomeServices of America, were guilty of colluding to keep real estate commission rates artificially high.

The Road Ahead

As of July 2024, sellers offering to pay for the buyers' broker for their representation will no longer be communicated through the MLS. Any commission to the buyer broker paid by the seller as a buyer incentive will be communicated off-MLS through negotiation and consultation with real estate professionals.

Selling

Sellers retain the choice to offer compensation to buyer brokers. The seller's agent must disclose any offer of payment to the seller in writing and obtain their approval before proceeding. The disclosure must specify the amount or rate of the payment.

Buying

Buyers working with agents who are members of the MLS are required to sign a written agreement prior to touring any real estate. The agreement defines the agent's responsibilities to the buyer and agreed-upon compensation. This also limits the compensation to the amount agreed upon regardless of any additional incentives offered by the seller.

In Summary

While the NAR settlement restricts the way offers of compensation are communicated, it doesn't prevent sellers from offering commissions to buyer brokers as an incentive.

The process is now more complex and requires careful communication and written agreements with full disclosure of agent fees before any real estate service is rendered and I personally think this is a great change!

New Construction Guide


With so many decisions to make, having the right information can make all the difference. This guide is packed with helpful insights to ensure you feel confident throughout the entire process. Whether it’s navigating financing, understanding timelines, or preparing for the final walk-through, we’ll cover everything you need to know.

Why New Construction?


Customize your dream home

One of the greatest advantages of building new is the ability to fully customize your home to suit your unique taste and lifestyle. From choosing the perfect floor plan to selecting countertops, cabinetry, and flooring, new construction allows you to create a space that reflects your personal style.

Modern Layouts for Today’s Living

New construction homes are designed with modern lifestyles in mind. You’ll enjoy open-concept layouts, larger kitchens, energy-efficient appliances, and flexible spaces perfect for today’s work-from-home environment

Energy Efficiency Means Long-Term Savings

New homes are built with the latest in energy-efficient technology, which means lower utility bills for you. With features like advanced insulation, high-efficiency windows, and modern heating and cooling systems, you’ll save money every month while enjoying a more comfortable home.


Are You Ready for New Construction?


Can You Afford the Build?

Before diving into a new construction project, it’s essential to assess your financial readiness. While building a home can be an exciting investment, it often comes with upfront costs like deposits for customizations, closing costs, and potentially longer loan approval processes.

Patience and Flexibility: Are You Ready for the Timeline?

Building a new home takes time, typically several months from start to finish. Construction delays due to weather, supply chain issues, or even unexpected design changes can extend the timeline. Ask yourself if you’re okay with waiting for your home to be completed and whether you have flexible living arrangements in the meantime.

Personal Preferences: Do You Want Full Control Over Design?

Before diving into a new construction project, it’s essential to assess your financial readiness. While building a home can be an exciting investment, it often comes with upfront costs like deposits for customizations, closing costs, and potentially longer loan approval processes.


Choosing the Right Builder?


Do Your Research: Reputation Matters

The first step in finding the right builder is to do your homework. Look for builders with a solid reputation in your area—check online reviews, ask for referrals, and visit completed homes or developments they’ve worked on.

Ask the Right Questions?

When meeting with potential builders, it’s important to ask key questions that will give you confidence in their ability to deliver. Some essential questions include:

• How long have you been building homes?

• Can you provide references from past clients?

• What warranties do you offer on your homes?

• Can I tour any homes you’ve built that are similar to what I want?

• What is your typical construction timeline, and how do you handle delays?

Getting clear answers to these questions will help you understand the builder’s experience and ensure they’re the right fit for your project.

Transparency is Key: Understand the Contract?

Before signing on the dotted line, make sure you fully understand the builder’s contract. A reputable builder should be transparent about costs, timelines, and what’s included in the base price versus upgrades. Be wary of any builder who doesn’t clearly explain pricing or who seems reluctant to answer questions

Personal Preferences: Do You Want Full Control Over Design?

Before diving into a new construction project, it’s essential to assess your financial readiness. While building a home can be an exciting investment, it often comes with upfront costs like deposits for customizations, closing costs, and potentially longer loan approval processes.