The other night I happened to find a brand-new house in our area for sale. This was the very first time to see a brand-new house in our area. I sent a request to the realtor to show the house.
The realtor showed us three houses including the new house. The other one house was located in the middle of nowhere. It was an old trailer house with 4 acres of land. The current owner had horses. It was a really nice area but we don’t need such a spacious piece of land. The other house was located at the place within our walking distance. I really liked the layout of the house. The house owner added two rooms so that the house has 5 individual rooms. We felt those three houses are not going to be ours though.
At the end of the house hunting tour, the realtor shared us a shocking news. Effected from Aug. 17, 2024, the National Association of Realtors® (NAR) that went into. It tells buyers are responsible for compensating their agent in case the seller does not pay for it. I know for sure this regulation will discourage the people like us who are renting the house to purchase a house.
