New Real Estate Commission Law in 2024

How Homeowners and Homebuyers Can Benefit with Block By Block Realty

In 2024, California introduced a new real estate commission law aimed at increasing transparency and flexibility in real estate transactions. This law is designed to give homeowners and homebuyers more control over commission rates, potentially saving them thousands of dollars. Here’s what you need to know about this new law and how partnering with Block By Block Realty can maximize your benefits.

What is the New Real Estate Commission Law?

The 2024 California real estate commission law allows for more flexible and negotiable commission structures between real estate agents and their clients. Previously, commission rates were often set at a standard 5-6%, split between the buyer’s and seller’s agents. The new law encourages more open discussions about commission rates, enabling clients to negotiate fees that better align with the level of service they require.

How Homeowners Can Benefit

For homeowners looking to sell, this new law means greater potential savings. At Block By Block Realty, we’ve always prioritized fair and competitive pricing, and with this new law, we’re able to offer even more attractive commission rates. Our services start as low as 1% commission, giving you more of your home’s sale price in your pocket. Plus, our experienced team ensures that you receive top-notch service throughout the selling process, from listing to closing.

Advantages for Homebuyers

Homebuyers also stand to benefit under the new commission law. With more transparency in commission structures, you’ll know exactly what you’re paying for. At Block By Block Realty, we’re committed to helping you find your dream home while ensuring you get the best value for your money. Our team negotiates tirelessly on your behalf, and with our competitive fee structure, you can invest more in your new home rather than on high commission fees.

Why Choose Block By Block Realty

Expertise in the Local Market: Our deep knowledge of the Pico Rivera, Montebello, and surrounding southeast Los Angeles areas ensures that you get accurate market insights and the best possible deals.

Flexible and Fair Pricing: We embrace the new commission law, offering flexible, negotiable rates that put you in control of your costs.

Comprehensive Services: From property management for only $99 per month to full-service real estate support, we’re here to meet all your needs.

Client-Centered Approach: At Block By Block Realty, your satisfaction is our top priority. We tailor our services to match your goals, ensuring a seamless and successful real estate experience.

Conclusion

The new California real estate commission law of 2024 empowers homeowners and homebuyers with more choice and transparency. By choosing Block By Block Realty, you can take full advantage of these benefits while enjoying expert guidance and exceptional service. Whether you’re selling, buying, or need property management, contact us today to learn how we can help you save more and achieve your real estate goals!