In this week's update, let’s go over the latest on the National Association of Realtors (NAR) lawsuit and its implications for buyer real estate agents. It's essential to clarify that while there's a lot of buzz, nothing is set in stone yet. Misinformation is rampant, with talks of abolishing a standard 6% commission, which hasn't been the case for years. Plus, the notion that buyer agents won't get paid is simply not true. Changes might be on the horizon regarding how compensation is structured, but rest assured, buyer agents will still be compensated, possibly through negotiations with sellers or via buyer broker agreements.

I can't stress enough the importance of having representation in real estate transactions. A recent survey showed that 76% of respondents believe having someone represent their interests during the home buying process is crucial. Even in this digital age, the majority of homebuyers, including 92% of Millennials, still turn to real estate professionals for guidance.

Turning to our local market update for San Ramon Valley, it's evident that we're facing a shortage of inventory and high demand. This has led to multiple offers on most properties. However, there's a discrepancy between homes receiving multiple offers and those needing price reductions. This underscores the need for skilled representation to ensure sellers maximize their proceeds.

Intro 0:00
NAR Lawsuit 0:12
Don’t Be Confused 03:51
Which Of The Following Statements Do You Agree With Most? 4:00
Real Estate Questionnaire 5:05


San Ramon CA Market Graph 6:00
Danville CA Market Graph 6:24
Alamo CA Market Graph 6:30
Dublin CA Market Graph 6:34
Sold Price to List Price Percentage in San Ramon, Danville, Blackhawk, Alamo, and Dublin 7:47

As we navigate potential shifts in the market due to factors like interest rates, We are here to provide expert guidance every step of the way. Whether you have questions about the NAR lawsuit or want to explore your options in the current market, don't hesitate to reach out. Our team is dedicated to providing you with topnotch service and support.

Everyone’s situation is different, whether you're considering buying or selling, it's an intriguing time in the San Ramon Valley real estate market. If you have questions or need personalized advice, don't hesitate to contact us!

Joe Kehrig 8:22
Broker/Realtor
The Kehrig Real Estate Team / Coldwell Banker Realty
925.487.6838 ✉
[email protected]
https://www.kehrigteam.com/
CA DRE# 00679296
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The Kehrig Team:
Joe Kehrig | DRE 00679296
Steve Kehrig | DRE 01410377
Mike Kehrig | DRE 01823194
Stephanie Talyat, | DRE 01896880
Kelsey Smith | DRE 02139715
Sam Mariano | DRE 02208278
Melisa Gardina | DRE 02198156

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