
If you've been planning on selling your house, or are currently in the middle of doing so, you've probably heard that there will be some changes in how your home can be listed and marketed, with regard to a commission being offered (or not) to buyers' agents.
While some listing agents may already be implementing the changes ahead of time, as of August 17, 2024, your agent cannot include an offer to compensate buyers' agents on a Multiple Listing Service (MLS), which is a local marketplace used by both buyer brokers and listing brokers to share information about properties for sale.
Some sellers may misinterpret this as saying that they're no longer allowed to offer compensation to buyers' agents at all, but

With so much of the world shutting down, and the widespread layoffs that came along with it, many people struggled to pay their mortgages during the pandemic. But for many homeowners, those struggles didn't end when the pandemic did. As the cost of living in the United States continues to increase, many people are still struggling to cover their mortgage costs.
COVID-related mortgage forbearance programs officially ended in November 2023, but there are still programs out there designed to help homeowners pay their mortgages, and keep their homes.
So what, exactly, are those programs?

Home buyers are often more focused on finding the perfect home to buy than they are on finding an agent to help them through the process.
It makes sense, since most buyers casually begin searching for houses online months, if not years, ahead of when they'll actually purchase one. But eventually, you see a house online that you'd like to go see in person…
In the past, you could just call an agent you've worked with in the past, or someone a friend or family member recommended (or even an agent you don't know at all). Most agents would gladly show you the house with no strings attached, and wouldn't ask you to sign an agreement to work with them.

When you buy a home, many mortgage brokers ask that you wire the down payment.
While this is a common practice, mortgage wire fraud is on the rise, and with some of the new technologies on the market, they've become more sophisticated than ever, making it difficult to detect. In many circumstances, scammers can make it look like their emails and phone calls are coming from your mortgage broker, so while you think you're sending money to your broker, you're actually sending it to scammers. Unfortunately, once that wire is initiated, that money is gone, and, in most cases, there's nothing you can do to get it back.
That's why it's so important to know how to protect yourself from mortgage wire fraud. A
Toledo, OH - July 22, 2024 – Key Realty is excited to announce Jay Mattlin as the new Regional Manager for Key Realty of Lancaster, Ohio. Jay's dedication to professional development, passion for people, and commitment to community service have made him a top-producing agent and a respected leader in the Lancaster area.
Jay Mattlin, a lifelong resident of Lancaster, OH, brings a wealth of experience and knowledge to his new role. He graduated from Lancaster High School in 2005, earned his Bachelor of Science in Network and Communications Management from DeVry University in 2010, and his Master of Science in Information Technology Management from Kaplan University in 2015. Jay's professional background spans various roles in government Information Technology, including Systems Administrator for Fairfield County, Computer Support Specialist for Bloom-Carroll Local Schools, and IT Director for the Fairfield County Board of Developmental Disabilities.