Published April 17, 2024

The Real Estate AF Blog - Buyer Agent and NAR Lawsuit Hubub

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Written by Jeryd Smith

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The Real Estate AF Blog - Why You Should Still Trust Your Buyer's Agent: The Truth Behind the NAR Lawsuit Hubbub

Good morning, future homeowners, savvy investors, and everyone tired of paying someone else’s mortgage. Grab your coffee—no, make it a double—because today, we’re diving into the whirlwind of confusion stirred up by the recent NAR lawsuit. And folks, it's juicier than the latest reality TV drama, but with real money on the line.

Understanding the NAR Settlement—No PhD Required

Let’s cut through the legalese and get straight to the meat of the matter. The National Association of Realtors (NAR) got slapped with a lawsuit claiming they were a bit sneaky about how buyer’s agent commissions were handled. Shocking in some states, maybe, but here in Washington, we’re sitting back in our chairs with our popcorn, watching the show unfold. Why? Because our MLS isn't owned by NAR, and we’ve always been about as transparent as grandma’s glass china cabinet when it comes to commissions—they’re no secret and always up for negotiation.

Why Representation Still Reigns Supreme

Think about it—would you waltz into court without a lawyer? Unless you’re a fan of those courtroom dramas and fancy yourself a bit of a legal eagle, it’s a hard no. So why would you navigate the biggest financial decision of your life without a buyer’s agent? Here’s where the recent hubbub misses the mark. A listing agent, bless their hearts, works for the seller. Expecting them to pivot and champion your interests is like expecting  a prosecutor to build your defense case for you. It ain’t gonna happen, folks.

The Myth of the Evil Commission

Here's the skinny: Yes, the settlement might shake up how fees are disclosed, but let me tell you, in Washington, we’ve been doing this dance for years. Commissions are negotiable, transparent, and disclosed faster than a bad secret. What the headlines aren’t telling you—because fear sells better than stability—is that this change is about leveling the playing field, not demolishing it.

Internet Experts vs. Real-Life Experts

Now, I love the internet as much as the next person—where else can you watch cat videos and buy a blender at 2 AM? But when it comes to real estate advice, take it with a grain of salt. Many articles out there are written with more of an eye on clicks than on facts. They're often penned by folks who wouldn't know a closing disclosure from a grocery list or come from sources that think 'fiduciary' is a type of tree.

Ask for the Truth, You'll Get It

Here at WA Home Hunt, we don’t just sling homes. We build relationships. We’re your advocates, your confidants, and yes, your paperwork warriors. We fight for your best interests from the first showing to the final signature. And we’ve been doing it with a transparency that would make even the most secretive spy blush.

In Conclusion: Keep Calm and Trust Your Agent

Don’t let the sensational headlines deter you. The real estate sky isn't falling, it’s just evolving. And who better to navigate this brave new world than a team that’s seen it all? Trust us—like hundreds have over the last decade and beyond—to guide you home.
Now, who’s ready to turn those homeowner dreams into reality? Give us a call, and let’s get started. Because at the end of the day, it’s your satisfaction, not just the sale, that keeps us ticking.

**WA Home Hunt: More than just agents; your partners in making the right move.**


Written by: Jeryd Smith, Founder of WA Home Hunt and a real estate broker, licensed in Washington State. Is he an idiot or a genius? Who knows, but he is opinionated and that's just what this writing is… his opinion. Nothing more, nothing less. 

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