YEAR END2025Elite Life Realty, INC. Report According to recent reports from the National Association of Realtors (NAR),existing-home sales increased in October 2025, pending sales rose, and the market shows signs of a comeback in 2026 driven by lower mortgage rates and steady job growth. However, the market remains uneven, characterized by a growing gap between…
Read MoreThe use of Buyer Representation Agreements became widespread in 2024 due to the requirements imposed by the NAR settlement. Then, on January 1st 2025, AB 2992 went into effect, making buyer representations a requirement under California law. The following is the enforceable Law for all Realtors. Timing: AB 2922 requires a buyer representation agreement as…
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The following information is valuable to all clients and associates. The National Association of Realtors will implement the new buyer-representation and buyer agreements (BRBC) August, 2024. The following information is a Q & A to help you understand how the new law works. Q: Will an agreement between Buyer Agent and Buyer’s have to be…
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