Are people waiting til July to list their homes?

[Anonymous]

Trying to buy a detached sfh in NW DC and frustrated by the lack of supply. I am curious how many people are waiting for the new NAR rules to take affect in July and hoping that there will be more places popping up for sale over the summer. Thoughts?

[Anonymous]

im waiting until fall to sell in NW bc of NAR settlement.

[Anonymous]

I wouldn't count on it. There will be a slow trickle until interest rates drop a bit.

[Anonymous]

No, they are waiting for lower interest rates.

[Anonymous]

I am.

[Anonymous]

No, we are listing in mid-May since we close on our new house at the end of April.

[Anonymous]

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

[Anonymous]

Interest rates will not decrease. The NAR settlement will not affect closing costs substantially. Inventory will not increase.

[Anonymous]

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

What are they going to do if they see it on Redfin? I would gladly represent myself as a buyer. Buyers agents do nothing.

[Anonymous]

OP here - ugh. Based on these replies we will have to make do with the limited supply. I keep hoping there will be more but it is probably best to just act fast when something good pops up

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

A Realtor told you that? What a great source of unbiased information! I feel sorry for you if you actually believe that...you're going to miss out on a lot of houses as the buyer if your agent is passing them over because they're not offering buyside commission. And if you're a seller dumb enough to still be offering a commission, you deserved to be robbed of your 3%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

Nonsense. Then they will get sued. Also, you, the seller, can get caught up in that litigation. The world has changed for the lazy realtors - sorry!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

Nonsense. Then they will get sued. Also, you, the seller, can get caught up in that litigation. The world has changed for the lazy realtors - sorry!

Multiple realtors are pushing this. They are phrasing it as the seller would put themselves at a disadvantage if they don’t offer compensation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

Nonsense. Then they will get sued. Also, you, the seller, can get caught up in that litigation. The world has changed for the lazy realtors - sorry!

Sued- on what grounds?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:im waiting until fall to sell in NW bc of NAR settlement.

I spoke to a realtor who said nothing is really going to change. If you don’t offer a commission to the buyers realtor then people will pass over your house like agents push them to pass over fsbo. You’ll pay the commission anyway either way.

Nonsense. Then they will get sued. Also, you, the seller, can get caught up in that litigation. The world has changed for the lazy realtors - sorry!

Sued- on what grounds?

It’s collusion.