EP35: South Florida Real Estate and the NAR Settlement with David Serle

Home Design Podcast

🎧In Episode 35 of the Home Design Podcast we sit down with David Serle, the President of Broward, Palm Beach & St Lucie Realtors for an exclusive insider's look into the real estate industry.
In this episode, we're peeling back the layers to uncover the latest trends, strategies, and insights shaping the global real estate landscape. 🌍 From innovative approaches to buying and selling properties to navigating the complexities of international markets, David shares his expertise to help you stay ahead in the game.
A realtor not only helps with the process of buying and selling homes. The relationship with a realtor starts before the transaction. A professional realtor will help guide their clients to make the best decisions possible based on the knowledge that they have with an area, type of home, and general market conditions. A realtor is a lifelong resource for all things home.
What is the NAR Settlement? There is no standard 6% of commission for realtors. Commissions have always been a negotiated number to help with deals and to close them as effectively as possible in favor of their clients. The settlement was a $418million settlement that the NAR must pay over the next four years. A buyer written agreement is now required for any purchase of real estate today. This has increased the level of transparency than what we have seen over the past years. A buyer may have to be able to be represented and sellers will continue to pay to be represented. The biggest change in real estate transactions is that all buyers and sellers will have actual written agreements with their relationship with their representing realtor.
In this episode you will learn about all aspects of real estate transactions, how to hire a realtor, the questions that you should know to ask, and the value of purchasing a home.
Whether you're a seasoned real estate professional or just a home owner, this episode is a must-listen!
For more information visit RWorld at rworld.com or @RWorld on social media platforms.
🎧 LISTEN to the Home Design Podcast Channel.
For more information, visit homeshows.com and follow @FLHomeShows

The Home Design and Remodeling Show is recognized to be the largest Home Show in Florida and most trusted platform for homeowners, interior designers, architects, builders, realtors, and all industry trendsetters by experiencing our website, Home Design Magazine, Shop The Pros online resource, Home Show Media's video content, and one of our EXPOS at one of three locations including Miami, Fort Lauderdale, and Palm Beach.

Kapitler

1. Welcome to the Home Design Podcast! (00:00:00)

2. Who is David Serle? (00:00:28)

3. What is the Broward, Palm Beach & St Lucie Realtors Association? (00:02:40)

4. What is RWorld trying to achieve in their association? (00:04:00)

5. What is a Realtor? (00:06:00)

6. Why hire a Realtor? (00:07:43)

7. Market trends in South Florida Real Estate (00:10:15)

8. Why is there an increase in the Condo market? (00:13:05)

9. What are the new construction projects? (00:15:00)

10. Condo, Homes, and Construction Trends (00:16:49)

11. What are people looking for when buying a home? (00:20:15)

12. The effects of new technologies in the real estate world (00:22:12)

13. Interest rates in buying homes (00:25:02)

14. What technologies does RWorld bring to the association? (00:26:40)

15. Million Dollar Listing, Selling Sunset and more! (00:28:30)

16. How many licensed realtors are there? (00:31:07)

17. Top Tips on how to hire a realtor (00:32:40)

18. The NAR Settlement (00:36:19)

19. What should buyers should know before purchasing a property? (00:40:45)

20. RWorld initiatives to help buyers? (00:42:25)

21. Success stories having to do with RWorld? (00:44:30)

22. Favorite deal in your career (00:46:20)

23. Top areas to buy in South Florida (00:51:00)

24. Favorite part of being part of RWorld & Real Estate (00:52:16)

25. Anything more info? (00:53:00)

26. Thank you for joining! (00:54:05)