Enhancing Buyer Value Amidst Real Estate Shifts: My Approach

Starting in August 2024, significant changes from the National Association of Realtors (NAR) will impact the real estate industry.

About NAR

The National Association of Realtors (NAR) is the largest professional organization for real estate agents in the United States, representing over 1 million members nationwide.

New NAR Rules & How They Impact Buyers

Due to a recent court-ordered rule change, NAR now requires buyers to sign either a Showing Agreement or an Exclusive Buyer’s Brokerage Agreement before viewing multiple homes.

At Antonio Ortega LLC, we believe in building trust first. That’s why Antonio can show you the first property without requiring a signed agreement. After that, an Exclusive Buyer’s Brokerage Agreement must be in place for any additional showings.

By signing this agreement, you become eligible for Antonio’s special offer—a 10% contribution from his Professional Fee toward your closing costs.

Additionally, we will negotiate with sellers to contribute up to 3% towards the buyer’s commission whenever possible. To take advantage of Antonio’s 10% contribution, you must approve the Exclusive Buyer’s Brokerage Agreement with Antonio Ortega LLC.

For a limited time, Antonio Ortega LLC will also cover the $400 broker transaction fee on residential transactions when you approve the Exclusive Brokerage Agreement before proceeding with additional showings.

This agreement may be canceled at any time under Section 9: Early Termination, ensuring your flexibility throughout the process.

The National Association of Realtors (NAR) is the largest professional organization for real estate agents in the US with over 1 million members nationwide.

New NAR Rules and How it Affects the Buyer

A recent court ordered rule change has NAR forcing new rules on the home buying process. Before seeing homes, buyers must sign either a Showing Agreement or an Exclusive Buyer’s Brokerage Agreement. We prefer this agreement that entitles you to 10% offer from Mr. Ortega's Professional Fee towards your closing costs.

We will negotiate with sellers to contribute up to 3% towards the buyer’s commission. You must approve the "Exclusive Buyer’s Brokerage Agreement" with Antonio Ortega LLC to qualify for his offer.

This Agreement may be canceled at any time as specified in Section 9, under Early Termination.

Tour your first home with Antonio Ortega LLC hassle-free—no obligation, no paperwork!

Recent Updates

The NAR Legal Department has introduced new forms allowing us to formally request seller compensation for the buyer’s agent. Given that over 90% of home sales involve a buyer’s agent, it's clear that the market exposure and negotiation expertise they provide are essential.

Additionally, the Veterans Administration (VA) now permits buyers using VA loans to pay buyer’s agent commissions, providing more flexibility for veteran homebuyers in today’s market.

Special Offer: 10% Contribution Towards Your Closing Costs

To further enhance the value for my clients, I am offering a special incentive: 10% of my Professional Fee will be contributed towards your closing costs. This means more savings for you at a crucial time in the homebuying process.

How This Special Offer Works

Eligibility: This offer applies to clients buying or selling a home valued at $400,000 or more.
Documentation: The 10% contribution will be clearly documented in writing, either in an addendum to the offer to purchase or listed in the additional terms, ensuring full transparency.
Broker Transaction Fee: For a limited time, I will also cover the $400 broker transaction fee on residential transactions, provided you approve the Exclusive Brokerage Agreement before proceeding with additional home viewings.

Client-Friendly Showing Policy

To ensure your comfort and confidence, you are welcome to view your first property with no obligation. This allows you to experience our dedicated service firsthand. For any additional property showings, we require an Exclusive Brokerage Agreement, which formalizes our commitment to representing your best interests throughout your homebuying journey. This agreement can be conveniently approved via email and can be canceled at any time under Section 9: Early Termination.

Important Disclosure from Antonio Ortega LLC

In compliance with new NAR regulations, an Exclusive Brokerage Agreement is now mandatory. Final approval of the 10% Professional Fee contribution is subject to both broker and lender approval. We will notify all necessary parties of this contribution, ensuring transparency and adherence to regulatory requirements.

By integrating this special offer into our services, we aim to make your homebuying experience as smooth, stress-free, and financially beneficial as possible.

Get Preapproved or Prequalified

Sellers prioritize prequalified buyers and often require preapproval before considering an offer. Be prepared to provide proof of funds or a bank statement, as many sellers now request these documents to confirm a buyer’s financial ability to close.

To protect your credit score, avoid large purchases or co-signing loans until after closing. For guidance, consult with your Mortgage Broker.

I work with a trusted mortgage broker who can provide a pre-qualification letter within hours. However, you are welcome to use your own lender—simply email me the PDF letter once obtained.

Exclusive Partnership

To provide you with the best service, I aim to be your Exclusive Licensed Real Estate Professional from our first meeting. As per NAR’s new regulations, this is formalized through an Exclusive Buyer’s Brokerage Agreement.

This agreement ensures a focused, committed partnership, allowing me to tailor the process to your unique needs, making your homebuying experience smoother and more efficient.

Contact Antonio Ortega LLC Directly

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MLS Listings in Cities Nearby in Broward FL

Antonio will contribute 10% of his professional fee towards your closing costs. See Details!

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For those interested in more listings and detailed property information, visit our sister site South Broward Homes by Tony. Here, you can explore a wide range of properties and find the perfect home to suit your needs.

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