Enhancing Buyer Value Amidst Real Estate Shifts: My Approach

Starting in August 2024, significant changes from the National Association of Realtors (NAR) will impact the real estate industry

About NAR

The National Association of Realtors (NAR) is the largest professional organization for real estate agents in the United States, representing over 1 million members nationwide.

New NAR Rules & How They Impact Buyers

The National Association of Realtors (NAR) is the largest professional organization for real estate agents in the US with over 1 million members nationwide.

Due to a recent court-ordered rule change, NAR now requires buyers to sign either a Showing Agreement or an Exclusive Buyer Brokerage Agreement before viewing multiple homes.

Note: The Exclusive Buyer Brokerage Agreement is required for residential transactions under the latest NAR policy. For commercial properties, this agreement is not required, especially when operating as a transaction broker in Florida.

By signing this agreement when buying a home, you become eligible for Antonio’s special offer—a 10% contribution from his Professional Fee toward your closing costs. If you're buying or selling commercial property, the agreement is not required, and you’re still entitled to receive the 10% offer.

For a limited time, Antonio Ortega LLC will also cover the $420 broker transaction fee on residential transactions when you approve the Exclusive Buyer Brokerage Agreement before proceeding with additional showings.

This agreement may be canceled at any time under Section 9: Early Termination, ensuring your flexibility throughout the process.

10% contribution from professional fee toward closing costs
Coverage of the $420 broker transaction fee
Flexibility to cancel the Exclusive Buyer Brokerage Agreement at any time under Section 9

Recent Updates

The NAR Legal Department has introduced new forms allowing us to formally request seller compensation for the buyer’s agent. Given that over 90% of home sales involve a buyer’s agent, it's clear that the market exposure and negotiation expertise they provide are essential.

Additionally, the Veterans Administration (VA) now permits buyers using VA loans to pay buyer’s agent commissions, providing more flexibility for veteran homebuyers in today’s market.

Special Offer: 10% Contribution Towards Your Closing Costs

To further enhance the value for my clients, I am offering a special incentive: 10% of my Professional Fee will be contributed towards your closing costs. This means more savings for you at a crucial time in the homebuying process.

How This Special Offer Works

Eligibility: This offer applies to clients buying or selling a home valued at $400,000 or more.
Broker Transaction Fee: For a limited time, I will also cover the $420 broker transaction fee on residential transactions, provided you approve the Exclusive Brokerage Agreement before proceeding with additional home viewings.

The 10% contribution from my professional fee will be credited directly to your closing costs and be disclosed to parties in the transaction, to qualify for these savings, an Exclusive Buyer’s Brokerage Agreement must be approved by you prior to viewing homes agreement not needed when doing Commercial Transactions.

Note: The broker’s $420 transaction fee is normally included in the buyer’s home purhasing contract. If it’s not included, the agent is required to pay it out of pocket—this offer ensures that you don’t have to.

Client-Friendly Showing Policy

To provide you with the highest level of service and remain compliant with current regulations, we require an Exclusive Buyer Brokerage Agreement before viewing homes. This agreement confirms our mutual commitment and allows us to represent your best interests throughout your homebuying journey.

Please note: This agreement is not required for commercial transactions.

It can be conveniently approved via email and may be canceled at any time under Section 9: Early Termination for your peace of mind.

In compliance with new NAR regulations, an Exclusive Brokerage Agreement is now mandatory for residential transactions.

Get Preapproved or Prequalified

Sellers prioritize prequalified buyers and often require preapproval before considering an offer. Be prepared to provide proof of funds or a bank statement, as many sellers now request these documents to confirm a buyer’s financial ability to close.

To protect your credit score, avoid large purchases or co-signing loans until after closing. For guidance, consult with your Mortgage Broker.

I work with a trusted mortgage broker who can provide a pre-qualification letter within hours. However, you are welcome to use your own lender—simply email me the PDF letter once obtained.

Exclusive Partnership

To provide you with the best service, I aim to be your Exclusive Licensed Real Estate Professional from our first meeting. As per NAR’s new regulations, this is formalized through an Exclusive Buyer’s Brokerage Agreement when doing a Commercial Transaction.

This agreement ensures a focused, committed partnership, allowing me to tailor the process to your unique needs, making your homebuying experience smoother and more efficient.

Contact Antonio Ortega LLC Directly

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MLS Listings in Cities Nearby in Broward FL

Antonio will contribute 10% of his professional fee towards your closing costs. See Details!

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