Kirkland
Real Estate
How Seattle could be affected by the national Realtors lawsuit
The National Association of Realtors recently agreed to settle a big lawsuit that questions how real estate agents are paid — and who foots the bill.Why it matters: The changes could eventually bring down the cost of real estate transactions — including in Seattle — but in the interim, they're causing confusion for buyers, sellers and their agents.The big picture: Beginning Aug. 17, agents won't be able to advertise commission rates in the Multiple Listing Service (MLS), the database where real estate agents post homes for sale.Additionally, buyers will have to sign a compensation agreement before a realtor can show...
Seattle loses its sparkle for first time home buyers
It is no surprise that it’s hard to buy a house in Seattle, but it's gotten even harder for many as interest rates and housing prices have soared. That means would-be home buyers are increasingly leaving the city, the metro area, and sometimes even the state. Seattle Times journalist Paul Roberts is here to tell us about his reporting on this trend and the calculus homebuyers are making.
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