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This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.

Where can I get vendor information to be an exhibitor?

I'm looking for information on why larger corporations(in spaces outside real estate investing) buy real estate.

Recognizing these subtleties can guide investors in making decisions that align with their investment goals and timelines.Strategy #1: Focus on Long-term InvestmentsThe true essence of real estate investment success lies in the long-term perspective.

It's essential to remember that you are the one who needs to do the heavy lifting when making a purchase decision.

On the eve of closing (last night), the escrow assistant informed us that we need to bring additional funds to closing due to two affidavits that need to be recorded in the loan package, for which the recording fees were not collected earlier.

The NAR settlement is not even yet approved so I would not be making any decisions based on a potential settlement that could be amended.

All this is good information and great to have in mind.

I live in this market and have had some good experiences if you need more detailed information.