It depends. Recent rule changes have affected how commissions are paid, but in Arkansas, the process remains largely the same. Buyers have always been obligated to cover their agent's fee, but typically, our buyers allow us to accept partial or full payment from the listing brokerage or seller, minimizing out-of-pocket costs at closing. The main difference now is the additional paperwork and disclosures required. For specific details, please refer to the next question about the new rule change.

Unfortunately, recent rule changes require us to have a representation agreement in place before showing you properties. This ensures that both parties understand their roles and protects your interests as a buyer. We can still show you one of our own listings without representation, but to view other properties, we need to establish a formal agreement. This step helps maintain professionalism and clarity throughout the buying process.

While third-party websites like Zillow and Homes.com are useful, they primarily serve real estate agents, not consumers, and they are paid by real estate agents. These portals aim to connect you with an agent, often without regard for the accuracy of their listings. Outdated or incorrect information is common, as their primary goal is to generate leads. By upgrading to our customizable, ad-free home search tool, you gain access to up-to-the-minute listings directly from the MLS, with the added benefit of personalized support from your agent, ensuring a seamless home search experience.

There are advantages and disadvantages to buying a home at any time of the year, and these factors often balance out. During the summer, increased inventory means more choices, but also more competition, which can drive prices up. In the winter, fewer homes are listed, but the sellers are typically more motivated, and there’s less competition. Ultimately, the best time to buy is when you’re ready. We can discuss your specific situation and find the optimal time for you to make your move when we meet.

No, you shouldn't wait. Although current rates may seem high, historical data shows that the average interest rate over the past several decades is around 7.73%. If rates do decrease, the market will likely become more competitive, driving home prices up. Purchasing now allows you to lock in your home at a potentially lower price. Later, if rates drop, you can always refinance. Waiting may result in higher home costs due to increased buyer competition.

Despite what some well-known figures like Suze Orman, Grant Cardone, and Nicholas Gerli (Reventure Consulting) might claim, the real estate market remains stable. These dramatic predictions often serve to gain attention rather than offer practical advice. Historically, real estate has proven to be a reliable investment, with only one significant downturn over the past century. Today’s buyers are financially strong, and purchasing a home remains one of the best ways to build long-term wealth.