When Stephanie Doherty bought her first home in D.C. in August 2020, she was able to get detailed information from her agent about the commission that the agent would be paid as well as what the seller’s agent would receive from the sale. That may seem like basic information, but not all buyers receive that information. Until recently, many buyers generally assumed that the sellers paid the commission to both agents. Therefore, since the buyer had nothing to do with the commission, it was none of their business what the agents would get. Read all of What you need to know before hiring a buyers agent
Archive: March 2021
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Congress Considers $15,000 First Time Homebuyer Credit
Posted by abrahamregoVWR
03/27/2021
A refundable, advanceable tax credit of up to $15,000 for first time homebuyers, being considered in future tax and economic stimulus legislation, could catapult millions of renter households into first-time homeownership, a new Zillow analysis suggests. Read all of Congress Considers $15,000 First Time Homebuyer Credit
Beware, home buyers: A record number of homes are selling above their asking price
Posted by abrahamregoVWR
03/26/2021
This year’s spring home-buying season is set to be one of the most competitive ever, as the pandemic continues to stoke interest in homeownership. And home prices are skyrocketing as a result. Read all of Beware, home buyers: A record number of homes are selling above their asking price