Ep 28: Navigating the 2024 Real Estate Shift: Essential Tips for Buyers

In this episode of Money Moves, we delve into the major changes coming to real estate practices in the United States, effective August 17, 2024. We discuss the introduction of new buyer's representation contracts and the potential additional costs for buyers. These changes aim to protect real estate agents' commissions but co uld lead to increased costs and confusion for buyers. We encourage buyers to carefully review contracts, negotiate terms, and be aware of potential additional expenses. We also predict that these changes could lead to more outsourcing and AI involvement in the buyer's agent role to reduce costs. Tune in to stay informed about the changing landscape of real estate practices and the potential impact on buyers. Get more financial tips and advice at blackswanmoney.com Follow us: https://www.instagram.com/blackswanmoney/ https://www.instagram.com/moneywithwendy/ Do us a favor and share this episode!