Po Kwon, United Real Estate East Carolina

Installation for a vinyl fence is scheduled for the backyard! 3% buyer’s agent commission! Offering $7,000 for seller’s closing cost! Please reach out for your private showing!

173 Vernon White Road, Winterville, NC 28590

🚨 🚨 ATTENTION HOME BUYERS 🚨 🚨

‼️ 𝐄𝐅𝐅𝐄𝐂𝐓𝐈𝐕𝐄 𝐀𝐮𝐠𝐮𝐬𝐭 𝟏7𝐭𝐡, 2024 ‼️

All buyers looking to purchase any residential property moving forward MUST sign a “Buyer Representation Agreement” before walking into a property.

🏡 𝐂𝐀𝐍’𝐓 𝐘𝐎𝐔 𝐉𝐔𝐒𝐓 𝐒𝐇𝐎𝐖 𝐌𝐄 𝐓𝐇𝐄 𝐇𝐎𝐔𝐒𝐄?

Starting August 17th, no REALTOR will be able to unlock a door without you first signing the agreement. This is non-negotiable and is part of a legally binding settlement for all REALTORS.

📃 𝐖𝐚𝐢𝐭…𝐖𝐇𝐀𝐓 𝐃𝐎 𝐈 𝐇𝐀𝐕𝐄 𝐓𝐎 𝐒𝐈𝐆𝐍?

The Buyer Representation Agreement is a contract between you, as the Buyer, and your REALTOR. It outlines the details of your relationship, roles and responsibilities, and the REALTOR’s compensation. The compensation/commission stated is the MAXIMUM amount your broker/agent can receive from the transaction.

💵 𝐒𝐎, 𝐁𝐔𝐘𝐄𝐑𝐒 𝐍𝐎𝐖 𝐇𝐀𝐕𝐄 𝐓𝐎 𝐏𝐀𝐘 𝐂𝐎𝐌𝐌𝐈𝐒𝐒𝐈𝐎𝐍?

Well, yes…but actually, maybe no…

The agreement states that the Buyer is responsible for commissions; however, there are situations where others, including the Seller or the Listing Broker, may cover this cost. Reach out to your agent if you have questions about your specific scenario.

📜 𝐇𝐎𝐖 𝐃𝐈𝐃 𝐖𝐄 𝐆𝐄𝐓 𝐇𝐄𝐑𝐄?

Historically, Sellers paid the Listing Broker a commission, which was then shared with the Buyer’s Broker. However, this led to a misunderstanding that “The Seller pays the Buyer’s Agent,” which isn’t entirely accurate. This misconception resulted in a class-action lawsuit, driving these changes. With the new NAR settlement, Agents/Brokers cannot advertise ANY compensation via the MLS, meaning Buyer’s Agents aren’t guaranteed compensation like before.

🤔 𝐖𝐇𝐀𝐓 𝐈𝐅 𝐈 𝐃𝐎𝐍’𝐓 𝐋𝐈𝐊𝐄 𝐌𝐘 𝐀𝐆𝐄𝐍𝐓? 𝐂𝐀𝐍 𝐈 𝐆𝐄𝐓 𝐎𝐔𝐓 𝐎𝐅 𝐓𝐇𝐈𝐒 𝐀𝐆𝐑𝐄𝐄𝐌𝐄𝐍𝐓?

The agreement will outline the termination process, so it’s crucial to interview and hire your Buyer Representation carefully.

📝 𝐊𝐞𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

1️⃣ The length of the agreement is determined by you and your agent—it can be as short or as long as you both agree.

2️⃣ Keep in mind that specifics can vary from state to state, so be sure to clarify the terms before signing. (Check with the firm on options of representation and viewing a home)

🤝 𝐀𝐋𝐈𝐆𝐍𝐌𝐄𝐍𝐓 & 𝐂𝐎𝐌𝐌𝐔𝐍𝐈𝐂𝐀𝐓𝐈𝐎𝐍👍

Choosing a professional REALTOR is more critical than ever to successfully closing on your next property purchase. With August 17th approaching, a lot of changes are happening behind the scenes. This new rule with the Buyer Representation Agreement is just one aspect of the NAR settlement, which is rapidly changing the real estate industry nationwide. Be sure to talk to any potential agent about their knowledge of the new rules and process.

(Credit: Jamie Proctor)

Invite your family and friends to stay in the guest house while enjoying the salt water pool. If you know North Carolina weather, the pool can be used until October without a heater.… Schedule a showing to find out what’s to come in Winterville as it continues to grow!

173 Vernon White Road, Winterville, NC 28590

Welcome back from a long holiday weekend! Summers not over yet! Price improvement and offering $7000 in closing cost!

173 Vernon White Road, Winterville, NC 28590

Have you ever stressed about what would be uncovered from the home inspection? No worries! Pre home inspection has been completed and will share with interested buyers!

173 Vernon White Road, Winterville, NC 28590

This is live now!

173 Vernon White Road, Winterville, NC 28590

Going live next week! In-ground salt water pool and a rare guest house!

https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.flexmls.com%2Fshare%2FAZgnt%2F173-Vernon-White-Road-Winterville-NC-28590&h=AT3b6d4wnvVtwn3xON4wy2jSRaUnGESMFf2bYGyO-xGwXlTdWCnXCnKRrEq4B94S8B5wjtSkNyhdFC4L7yKUP3GWQa_wm1uCRyDG-Eb2qRNdHsmoOXxHZHXSe4ogsIOvw16yy8JZ9AbyLZuK3B7DwkUcCQ&s=1

173 Vernon White Road, Winterville, NC 28590

Update: Already under contract! I am very grateful for all the hard work from my sellers! Couldn’t do it without working together!

This home is Active now! Great updates and space to grow into!

2664 Westminster Drive, Winterville, NC 28590

This beautiful home in Windsor is live now. Check out the 3D tour and the photos! What do you think about the pool?

2202 Royal Drive, Winterville, NC 28590

Still time to start new memories during the holidays! Welcome home!

904 Chesapeake Place, Greenville, NC 27858

I can't emphasize enough about the location of this home! Please take a look on what else!

110 Lee Street, Greenville, NC 27858

Beautiful waterfront home offers so much inside and out! I will let the photos speak for themselves!

6753 Clarks Neck Road, Washington, NC 27889

This recognition means more to me than any other awards. Thank you!

Our 2020 United Real Estate Service Award Recipient. For all those you supported and helped through your business platform, thank you! Congratulations Po!