August/September 2024 Real Estate Market Update

August/September 2024 Real Estate Market Update

  • Candice Rich
  • 10/3/24

"The end of summer is not a farewell, but a see-you-later to the warmth and joy it brings." Unknown

 

 

In this newsletter, you'll find the latest updates and real estate news as well as valuable market reports from Candice Rich Luxury Homes.

 

Have a fantastic month ahead!

 

NAR SETTLEMENT:

CHANGES FOR REAL ESTATE & REALTORS 2024

As of August 17 new regulations require that you sign a Buyer’s Representation Agreement before touring any homes. This nationwide policy, which affects all Realtors who adhere to the National Association of Realtors' guidelines, formalizes the relationship between you and your Realtor.

 

The Buyer’s Representation Agreement is a binding contract that outlines the mutual commitments between you and your agent. It specifies the roles, duties, and responsibilities of both parties, including your compensation arrangements. This agreement ensures that you are fully informed about what to expect from your agent and what is expected of you in return. 

 

I am honored to be your Realtor and hope to remain for years to come! With my extensive experience, you can always count on dedicated and personalized assistance every step of the way.

 

Thru the years, I have helped many of buyers successfully negotiate their best and winning offers, guiding them to become happy homeowners. Choosing the right Realtor is crucial; My commitment is to ensure that you receive the highest level of service and advocacy throughout your home-buying journey.

 

I work solely for YOU - I represent only YOU - and I have a fiduciary responsibility to YOU.

 

If you have any questions or need further information, please don’t hesitate to reach out. 

 

Candice ~

 

The full practice changes are as follows:

 

  • Going forward will be prohibited from showcasing how much the Seller is offering in broker compensation/commissions on the Multiple Listing Services (MLSs). Although offers of compensation will continue, and to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals.

 

  • All buyers wanting to tour homes must enter into a written buyer agreement with their chosen Realtor before they can tour a home.
  •  

Read The Article On Changes Here

 

 
 
 

ADVANTAGES OF WORKING WITH AN ABR®

 

  • AN ACCREDITED BUYER’S AGENT HAS EARNED THIS DESIGNATION THRU FURTHER EDUCATION, TRAINING, FINAL EXAM AND BY THEIR PROVEN RESULTS IN THEIR BUSINESS.

 

  • YOU’LL BE WORKING WITH AN UP-TO-DATE EXPERT THAT HAS A DEEP UNDERSTANDING OF THE LOCAL MARKETS THEY SERVICE.

 

  • CAN PROVIDE AN ACCURATE COMPARATIVE MARKET ANALYSIS TO GIVE BUYERS AN ESTIMATE OF THE PROPERTY’S VALUE TO MAKE INFORMED OFFERS

 

  • ACCREDITED BUYER’S REPRESENTATIVES ARE SKILLED NEGOTIATORS WHO WILL ASSIST BUYERS IN WRITING AN ACCEPTED OFFER AND TO SECURE THE BEST POSSIBLE DEAL AND TERMS.

 

  • ALL-AROUND ADVOCATE FOR THE BUYER NOT THE SELLER; HELPING YOU NAVIGATE THROUGHOUT THE ENTIRE PROCESS

___________________________________________________________

 

FOR IMMEDIATE RELEASE

LOCAL REALTOR® ACHIEVES NATIONAL RECOGNITION

 

Birmingham, Michigan, Candice Rich with @properties | Christie’s International Real Estate has been awarded the Accredited Buyer’s Representation (ABR®) designation by the Real Estate Buyer’s Agent Council (REBAC) of the NATIONAL ASSOCIATION OF REALTORS® (NAR).

 

Candice Rich joins more than 27,000 real estate professionals in North America who have earned the ABR® designation. All were required to successfully complete a comprehensive course in buyer representation and an elective course focusing on a buyer representation specialty, both in addition to submitting documentation verifying professional experience.

 

REBAC, founded in 1988, is the world's largest association of real estate professionals focused specifically on representing the real estate buyer. There are more than 40,000 active members of the organization world-wide; however still an exclusive and select group.

 

 

FEATURED HOMES FOR SALE

6036 JENNIFER CRES;

BIRMINGHAM, MI 48009

 

Welcome to your dream home at Jennifer Crescent, a spectacular 3,027 sq ft residence situated on a premium, quiet cul-de-sac. Beautifully remodeled in 2023/2024, this 4 bedroom and 3.5 bath home, with over $100K in improvements, backs onto a protected nature preserve, offering privacy and a serene tree lined lot...

 

 

CLICK HERE FOR FULL LISTING DETAILS

116 ENDICOTT Road

Bloomfield Hills MI, 48304

 

This luxurious Bloomfield Hills home with Birmingham Schools offers an unparalleled living experience on a sprawling 1.9-acre lot with a picturesque stream flowing through its backyard. This estate boasts 4 bedrooms, each a private enclave with an ensuite bathroom, ensuring absolute comfort...

 

 

CLICK HERE FOR FULL LISTING DETAILS

Villa Ego

Via Madonna della Ruota Bordighera, Imperia, 18012 Italy

Completed in 1938, Villa Marchesano attracted the attention of Guido Donegani, a prominent industrialist of the time, who fell in love with it and immediately decided to buy it after staying at the nearby Villa Sieger. This unique villa covers more than two hectares of land, surrounded by a park with Mediterranean vegetation and enriched with sculptures by renowned artists, including the famous Giorgio De Chirico...

 

 

CLICK HERE FOR FULL LISTING DETAILS

2730 NW 84th Way, Pembroke Pines, FL 33024

 

Looking for the complete package? They say you can't have it all, but you can with this gorgeous fenced home situated in a coveted neighborhood, tucked in the highly sought after La Costa sub-division of Monterra. This gorgeous home boasts 4 bedrooms, high ceilings, easy flowing floorplan & a custom granite countertop kitchen wi/spectacular views of a sprawling backyard oasis complete with astroturf..

 

 

CLICK HERE FOR FULL LISTING DETAIL

 

FIND OUT WHAT YOUR HOME IS WORTH

 

HOME VALUATION REQUEST FOR HERE

HELP ME WIN ROAD TO ROLEX

 

I need your support to make THIS HAPPEN!

 

I am on a mission this year, to win the prestigious Christie's Elite Road To Rolex Contest!!

 

Your referrals and business are crucial in helping me achieve this milestone. If you know anyone looking to buy or sell a home, please send them my way.

 

Every referral brings me one step closer to winning this incredible honor.

 

Thank you for your continued support and trust in me!

 

 

With 8 offices across the State of Michigan, as well as a robust International network of highly vetted referral partners, remember I can assist you wherever your real estate needs may take you. 

 

Contact Me First!

 

 

Candice Rich, CNE®, CLHMS®

Global Luxury & Relocation Advisor

 

O: 248.724.6124

C: 313.218.5300

[email protected]

Candicerich.com

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Candice Rich Luxury Homes | 400 S Old Woodward Ste 100 | Birmingham, MI 48009 US

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Work with Candice

EXPERIENCE LUXURY SERVICE WITHOUT COMPROMISE Candice is a Top Producing Realtor, a skilled negotiator, and a former private practice Accountant. Her dedication to helping her clients achieve all their real estate needs is proven in her results.