The recent NAR lawsuit changes bring a new reality for buyers. Unless the seller agrees to pay the buyer-side commissions, the buyer will now be responsible for the cost in addition to any down payment and closing costs.
Before the changes, the potential cash to close on a $300,000 FHA purchase was:
$10,500 Down Payment of 3.5%
$ 9,000 Closing costs and prepaids.
Total cash to close was $19,500.
After the changes, the buyer will be responsible for the buyer side commission:
$ 6,000 Buyer side Agency commission of 2%
$10,500 Down Payment of 3.5%
$ 9,000 Closing costs and prepaids.
Total cash to close would go from $19,500 to $25,500.
So what’s the alternative?
reAlpha introduces Claire, your new best friend in the homebuying journey.
Imagine having a personal real estate advisor right at your fingertips, ready to help you navigate the exciting world of homebuying.
That's Claire, a friendly, AI-powered buyer's agent who doesn't charge any commission.
With reAlpha, the potential cash to close on a $300,000 FHA purchase remains the same.
$10,500 Down Payment of 3.5%
$ 9,000 Closing costs and prepaids.
Yes, you heard that right- commission-free! No Fees. Just Keys.
Claire's services are designed to make you feel understood and catered to.
One of the coolest things about Claire is her ability to understand you in plain English. Forget about complex search filters or technical jargon.
With Claire, you can simply chat with her using natural language, telling her exactly what you're looking for in your dream home.
Whether you're looking for a cozy cottage with a fireplace or a modern condo with a view, Claire listens to your preferences and finds properties that match your unique style.
But wait, there's more! Claire isn't just a search engine in disguise. She's your constant companion throughout the entire homebuying process.
Got questions about mortgage rates? Wondering about the best neighborhoods to explore?
Simply ask Claire, and she'll provide you with clear answers and guidance to ease your worries and clear your doubts.
What sets Claire apart is her dedication to making your life easier.
By leveraging AI technology, Claire delivers personalized recommendations tailored to your needs. She's always learning and adapting, ensuring you get the best insights and advice for your home search. This adaptability is designed to reassure you that Claire is always up-to-date with the latest in the real estate market.
And, of course, the best part is that all of Claire's amazing services are free. Say goodbye to hefty commissions and hello to a stress-free homebuying experience with Claire by your side.
So, if you're ready to embark on your homebuying journey with a trusted friend with your best interests at heart, look no further than Claire from reAlpha.
Ask her anything, share your dreams, and let her guide you toward finding the home of your dreams.
What are you waiting for? Grab a cup of coffee, sit back, and let Claire take the wheel. Your dream home is just a chat away! Sign up for your free reAlpha account today.
