LCBR - News

Buyer Broker Agreements

Admin — Tue, 10 Sep 2024 04:00:00 GMT

In compliance with the NAR settlement, Lake Country Board of REALTORS® updated its policies on Buyer Broker Agreements (BBAs), effective August 5, 2024.

The NAR Settlement: How Does It Affect You?

Admin — Fri, 05 Jul 2024 04:00:00 GMT

After a lot of deliberation, you have decided it’s time to sell your home. Or, you’ve had your eye on the market and have decided that it’s the right time to buy. Either way, as you are doing your research, you keep running across articles about the National Association of REALTORS® (NAR) and a large legal settlement. Is this relevant to your situation? Will it somehow cost you money? Here are five things to know when buying or selling a home.

Veterans Affairs Removes Compensation Hurdle for Military Buyers

Admin — Thu, 13 Jun 2024 04:00:00 GMT

The Department of Veterans Affairs officially announced Tuesday a temporary policy allowing VA home buyers to compensate their real estate agent directly. The department says it will determine whether a formal rulemaking process is necessary.

Veterans Affairs

Admin — Thu, 23 May 2024 04:00:00 GMT

The Department of Veterans Affairs plans to temporarily lift its ban on buyers directly paying for professional real estate representation until the agency deems it necessary to engage in a formal rulemaking process, a VA official said Tuesday at a Mortgage Bankers Association conference in New York.

GREC Proposed CE Changes for Brokers

Admin — Fri, 17 May 2024 04:00:00 GMT

The Georgia Real Estate Commission has proposed changes to two rules regarding the Continuing Education (CE) requirements for all Georgia Brokers. Below is a summary of the main features and reasoning for the proposals.