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Time In vs. Timing The Market | Cost Of Waiting
Why Waiting to Buy Could Be Costing You Wealth: A Simple Truth for First-Time and Right-Size Home BuyersAre you considering holding off on buying and waiting for the “perfect” market conditions? History has shown us that waiting often costs more than taking action. Whether it’s first-time buying or finding a right-size home, the key is time in the market, not timing the market. Here are three powerful examples of how buyers who jumped in ended up miles ahead while those who waited missed out.KEY POINTS➡️ In deciding whether to rent or own, it’s important to remember the wealth-building power of equity accumulation.➡️ Even homeowners who bought at the height of the housing boom in 2006 have gained $169,000 in equity, while renters lost $229,000 in wealth over that period. 2006: Buying at the Peak ( +$169k )Buyers Who Acted: Despite entering at a high point, those who bought homes in 2006 regained their value and built substantial equity by 2024.Renters Who Waited: Many renters waited, hoping for a crash and a better time to buy, but they missed out on the recovery and kept paying rent with no return.The Lesson: Like planting a tree before a storm, even if values dip, they’ll grow strong over time. Waiting? You’re missing years of growth.2014: Buying During the Recovery ( +$225k )Buyers Who Acted: In 2014, buyers entered the market during a recovery phase and saw steady, strong appreciation.Renters Who Waited: Thinking prices were too high, renters sat out, waiting for a dip that never came, watching prices rise and missing out on equity gains.The Lesson: Waiting for the “perfect wave” often means missing the ride. The buyers who took action grew their wealth while renters waited on the shore.2019: Buying Right Before the Pandemic Boom ( +$158k )Buyers Who Acted: In 2019, buyers saw home values skyrocket unexpectedly as the pandemic increased demand.Renters Who Waited: Waiting for prices to fall, these renters watched from the sidelines as values surged, pushing homeownership further out of reach.The Lesson: It’s like expecting an elevator to go down but shooting up instead. Those who got in early saw huge gains, while those who waited saw homeownership slip further away.The Real Takeaway: Time in the Market Beats Timing the MarketTrying to time the market perfectly is almost impossible. The real wealth-building power comes from being in the market. Like growing a tree or investing, the longer you’re in, the greater the reward. Owning a home isn’t just a place to live—it’s an investment in your future.So, if you’re holding off, remember: every month you wait is a missed opportunity for equity, appreciation, and growth. We’re here to help with intelligent, affordable options that make buying more accessible, regardless of transaction type. Let’s work together to find the best path for you and help you build wealth today.Source: Link to article
Renting vs. Buying: What’s Right for You?
Renting vs. Buying: What’s Right for You?Did you know homeowners have 33x more net worth than renters? That’s a big advantage! But choosing to buy or rent depends on your lifestyle, finances, and future goals. While 92% of homebuyers believe buying is the smarter long-term move, the right choice depends on your situation.Key Questions to Ask Yourself How long will you stay? If you plan to stay 3-5+ years, buying may make sense. What’s your rent vs. a mortgage? If they’re similar, homeownership could be a smart move—but remember taxes and maintenance costs. Can you afford it? Ideally, housing costs should be 25% or less of your income, with total debt under 40%. Do you have pets or kids? Owning gives more space and flexibility, plus no pet restrictions!Are you a veteran? VA loans offer great benefits like zero down payment and lower rates.Why Buying Makes Sense Build Wealth – Every payment builds home equity and grows your net worth.Tax Savings – Mortgage interest may be tax-deductible. Predictable Payments – Fixed mortgages keep costs steady, unlike rising rent. Personal Freedom – No landlords, no restrictions—your home, your rules!Why Renting Might Be Better (For Now) Flexibility – Easier to move with short-term leases. Less Maintenance – Repairs? That’s your landlord’s problem. Lower Upfront Costs – Renting typically requires less cash upfront.The Bottom LineOwning a home is a powerful way to build wealth, but it’s all about timing. Not ready yet? That’s okay! Planning now can help you buy when the time is right. Let’s chat—I’d love to help you explore your options!
$25k Decision: Price Drop or Rate Drop?
$25k Decision: Price Drop or Rate Drop? How to Bring Affordability Back Affordability is crucial in today’s market. If a seller has $25,000 to help close a deal, should they drop the price or reduce the interest rate? Click links to the right for breakdowns.>>>>>➡️ Price Drop ($25k Reduction)New Price: $850,000Monthly Savings: $152.46Income Needed to Qualify: $12,461.58/month ($149,538.98/year vs $153k)Effect: Helps bring in buyers qualified for $850,000 but only saves a small amount each month.➡️ Rate Drop ($25k to Lower Rate)Interest Rate: Reduced from 6.5% to 5.25%Monthly Savings: $558.94Income Needed to Qualify: $11,516 /month ($138,195 /year vs $153k)Effect: Makes the home affordable to buyers originally approved at $785,000, significantly expanding the pool of potential buyers.➡️ Key TakeawayPrice Drop: Attracts buyers at $850,000.Rate Drop: Attracts buyers previously qualified at $785,000.For Buyer's Agents: Use this strategy to help clients afford higher-priced homes without overextending their budgets. Negotiating a rate reduction is often a better solution than a simple price cut to make homes more affordable.Let’s work together to bring affordability back and make the market work for everyone!
Buyer Agent Commission Details
Navigating Buyer Agent Agreements and Compensation as of August 17Th.As the real estate landscape evolves, the recent NAR settlement has introduced new dynamics in how buyer agents are compensated. This presentation aims to educate buyer agents on innovative strategies to cover these costs effectively. By understanding these options, agents can help buyers can make informed decisions and can better assist their clients in navigating these changes. These five creative compensation structures will help you adapt to the new norms and ensure a smooth home-buying process.1. Seller Compensates Both Agents Equally (Same as prior to NAR Settlement)Description: The seller agrees to compensate the listing agent and the buyer's agent individuallyKey Point: This compensation structure must be disclosed to both parties. Unlike previous practices, it clarifies that the seller is paying both agents directly.2. Buyer Pays Buyer's Agent Compensation in CashDescription: The buyer agent negotiates the best purchase price and pays their agent's commission in additional funds to close.Buyer's Action: The buyer directly compensates the buyer's agent without increasing the transaction amount.3. Buyer Increases Purchase Price to Cover Buyer's Agent Commission (Built into Purchase Price)Description: The buyer increases the offer price and requests that the seller pay this increased amount as the buyer agent's commission.Mechanism: The increased purchase price covers the buyer's agent's commission, effectively transferring the cost to the seller through the transaction.4. Our Plan If We Miss Value.Description: The Appraisal comes in 34K short.Buyer's Action: Nothing, Absolutely nothing, we protect rate, loan amount , cash to close, and agent commission.5. Seller Compensates Listing Agent and Partial Buyer Agent (Blended Option)Description: The seller pays the listing agent's full compensation and only a potion of the buyers agents agreed upon compensation.Buyer's Responsibility: The buyer signs a Buyer Broker Agreement agreeing to a total commission for their agent. The buyer covers the remaining difference.Payment Method: We will use the higher purchase price in this example. Implementation ConsiderationsTransparency: Ensure all parties know and agree to the compensation structure.Documentation: Clearly outline the agreed compensation method in the Buyer Broker Agreement and other transaction documents.Compliance: Adhere to the new NAR rules and local real estate regulations.Education: Inform clients about these options to help them make informed decisions and understand their financial commitments.Buyers' agents can navigate the new NAR settlement rules effectively by integrating these compensation methods while maintaining transaction integrity and client satisfaction.
NAR Buyer Agent Commission Details- Brittany Skotak
Navigating Buyer Agent Agreements and Compensation as of August 17Th.As the real estate landscape evolves, the recent NAR settlement has introduced new dynamics in how buyer agents are compensated. This presentation aims to educate buyer agents on innovative strategies to cover these costs effectively. By understanding these options, agents can help buyers can make informed decisions and can better assist their clients in navigating these changes. These five creative compensation structures will help you adapt to the new norms and ensure a smooth home-buying process.1. Seller Compensates Both Agents Equally (Same as prior to NAR Settlement)Description: The seller agrees to compensate the listing agent and the buyer's agent individuallyKey Point: This compensation structure must be disclosed to both parties. Unlike previous practices, it clarifies that the seller is paying both agents directly.2. Buyer Pays Buyer's Agent Compensation in CashDescription: The buyer agent negotiates the best purchase price and pays their agent's commission in additional funds to close.Buyer's Action: The buyer directly compensates the buyer's agent without increasing the transaction amount.3. Buyer Increases Purchase Price to Cover Buyer's Agent Commission (Built into Purchase Price)Description: The buyer increases the offer price and requests that the seller pay this increased amount as the buyer agent's commission.Mechanism: The increased purchase price covers the buyer's agent's commission, effectively transferring the cost to the seller through the transaction.4. Our Plan If We Miss Value.Description: The Appraisal comes in 34K short.Buyer's Action: Nothing, Absolutely nothing, we protect rate, loan amount , cash to close, and agent commission.5. Seller Compensates Listing Agent and Partial Buyer Agent (Blended Option)Description: The seller pays the listing agent's full compensation and only a potion of the buyers agents agreed upon compensation.Buyer's Responsibility: The buyer signs a Buyer Broker Agreement agreeing to a total commission for their agent. The buyer covers the remaining difference.Payment Method: We will use the higher purchase price in this example. Implementation ConsiderationsTransparency: Ensure all parties know and agree to the compensation structure.Documentation: Clearly outline the agreed compensation method in the Buyer Broker Agreement and other transaction documents.Compliance: Adhere to the new NAR rules and local real estate regulations.Education: Inform clients about these options to help them make informed decisions and understand their financial commitments.Buyers' agents can navigate the new NAR settlement rules effectively by integrating these compensation methods while maintaining transaction integrity and client satisfaction.
NAR Buyer Agent Commission Details- Kristy Webber
Navigating Buyer Agent Agreements and Compensation as of August 17Th.As the real estate landscape evolves, the recent NAR settlement has introduced new dynamics in how buyer agents are compensated. This presentation aims to educate buyer agents on innovative strategies to cover these costs effectively. By understanding these options, agents can help buyers can make informed decisions and can better assist their clients in navigating these changes. These five creative compensation structures will help you adapt to the new norms and ensure a smooth home-buying process.1. Seller Compensates Both Agents Equally (Same as prior to NAR Settlement)Description: The seller agrees to compensate the listing agent and the buyer's agent individuallyKey Point: This compensation structure must be disclosed to both parties. Unlike previous practices, it clarifies that the seller is paying both agents directly.2. Buyer Pays Buyer's Agent Compensation in CashDescription: The buyer agent negotiates the best purchase price and pays their agent's commission in additional funds to close.Buyer's Action: The buyer directly compensates the buyer's agent without increasing the transaction amount.3. Buyer Increases Purchase Price to Cover Buyer's Agent Commission (Built into Purchase Price)Description: The buyer increases the offer price and requests that the seller pay this increased amount as the buyer agent's commission.Mechanism: The increased purchase price covers the buyer's agent's commission, effectively transferring the cost to the seller through the transaction.4. Our Plan If We Miss Value.Description: The Appraisal comes in 34K short.Buyer's Action: Nothing, Absolutely nothing, we protect rate, loan amount , cash to close, and agent commission.5. Seller Compensates Listing Agent and Partial Buyer Agent (Blended Option)Description: The seller pays the listing agent's full compensation and only a potion of the buyers agents agreed upon compensation.Buyer's Responsibility: The buyer signs a Buyer Broker Agreement agreeing to a total commission for their agent. The buyer covers the remaining difference.Payment Method: We will use the higher purchase price in this example. Implementation ConsiderationsTransparency: Ensure all parties know and agree to the compensation structure.Documentation: Clearly outline the agreed compensation method in the Buyer Broker Agreement and other transaction documents.Compliance: Adhere to the new NAR rules and local real estate regulations.Education: Inform clients about these options to help them make informed decisions and understand their financial commitments.Buyers' agents can navigate the new NAR settlement rules effectively by integrating these compensation methods while maintaining transaction integrity and client satisfaction.
NAR Buyer Agent Commission Details- Carrie Mitcheff
Navigating Buyer Agent Agreements and Compensation as of August 17Th.As the real estate landscape evolves, the recent NAR settlement has introduced new dynamics in how buyer agents are compensated. This presentation aims to educate buyer agents on innovative strategies to cover these costs effectively. By understanding these options, agents can help buyers can make informed decisions and can better assist their clients in navigating these changes. These five creative compensation structures will help you adapt to the new norms and ensure a smooth home-buying process.1. Seller Compensates Both Agents Equally (Same as prior to NAR Settlement)Description: The seller agrees to compensate the listing agent and the buyer's agent individuallyKey Point: This compensation structure must be disclosed to both parties. Unlike previous practices, it clarifies that the seller is paying both agents directly.2. Buyer Pays Buyer's Agent Compensation in CashDescription: The buyer agent negotiates the best purchase price and pays their agent's commission in additional funds to close.Buyer's Action: The buyer directly compensates the buyer's agent without increasing the transaction amount.3. Buyer Increases Purchase Price to Cover Buyer's Agent Commission (Built into Purchase Price)Description: The buyer increases the offer price and requests that the seller pay this increased amount as the buyer agent's commission.Mechanism: The increased purchase price covers the buyer's agent's commission, effectively transferring the cost to the seller through the transaction.4. Our Plan If We Miss Value.Description: The Appraisal comes in 34K short.Buyer's Action: Nothing, Absolutely nothing, we protect rate, loan amount , cash to close, and agent commission.5. Seller Compensates Listing Agent and Partial Buyer Agent (Blended Option)Description: The seller pays the listing agent's full compensation and only a potion of the buyers agents agreed upon compensation.Buyer's Responsibility: The buyer signs a Buyer Broker Agreement agreeing to a total commission for their agent. The buyer covers the remaining difference.Payment Method: We will use the higher purchase price in this example. Implementation ConsiderationsTransparency: Ensure all parties know and agree to the compensation structure.Documentation: Clearly outline the agreed compensation method in the Buyer Broker Agreement and other transaction documents.Compliance: Adhere to the new NAR rules and local real estate regulations.Education: Inform clients about these options to help them make informed decisions and understand their financial commitments.Buyers' agents can navigate the new NAR settlement rules effectively by integrating these compensation methods while maintaining transaction integrity and client satisfaction.
NAR Buyer Agent Commission Details- Cheryl Vilardi
Navigating Buyer Agent Agreements and Compensation as of August 17Th.As the real estate landscape evolves, the recent NAR settlement has introduced new dynamics in how buyer agents are compensated. This presentation aims to educate buyer agents on innovative strategies to cover these costs effectively. By understanding these options, agents can help buyers can make informed decisions and can better assist their clients in navigating these changes. These five creative compensation structures will help you adapt to the new norms and ensure a smooth home-buying process.1. Seller Compensates Both Agents Equally (Same as prior to NAR Settlement)Description: The seller agrees to compensate the listing agent and the buyer's agent individuallyKey Point: This compensation structure must be disclosed to both parties. Unlike previous practices, it clarifies that the seller is paying both agents directly.2. Buyer Pays Buyer's Agent Compensation in CashDescription: The buyer agent negotiates the best purchase price and pays their agent's commission in additional funds to close.Buyer's Action: The buyer directly compensates the buyer's agent without increasing the transaction amount.3. Buyer Increases Purchase Price to Cover Buyer's Agent Commission (Built into Purchase Price)Description: The buyer increases the offer price and requests that the seller pay this increased amount as the buyer agent's commission.Mechanism: The increased purchase price covers the buyer's agent's commission, effectively transferring the cost to the seller through the transaction.4. Our Plan If We Miss Value.Description: The Appraisal comes in 34K short.Buyer's Action: Nothing, Absolutely nothing, we protect rate, loan amount , cash to close, and agent commission.5. Seller Compensates Listing Agent and Partial Buyer Agent (Blended Option)Description: The seller pays the listing agent's full compensation and only a potion of the buyers agents agreed upon compensation.Buyer's Responsibility: The buyer signs a Buyer Broker Agreement agreeing to a total commission for their agent. The buyer covers the remaining difference.Payment Method: We will use the higher purchase price in this example. Implementation ConsiderationsTransparency: Ensure all parties know and agree to the compensation structure.Documentation: Clearly outline the agreed compensation method in the Buyer Broker Agreement and other transaction documents.Compliance: Adhere to the new NAR rules and local real estate regulations.Education: Inform clients about these options to help them make informed decisions and understand their financial commitments.Buyers' agents can navigate the new NAR settlement rules effectively by integrating these compensation methods while maintaining transaction integrity and client satisfaction.