In this episode of the Royal Family Real Estate Podcast, Jason Stallard and Royal Hartwig dive deep into the implications of the recent NAR settlement and its impact on real estate transactions. They explore the necessity for adaptability and how the changes affect sellers and listing presentations. The discussion focuses on the new industry regulations and the nuanced adjustments required from both realtors and clients.

As Hartwig unpacks the changes with Jason Stallard, they highlight how commissions are handled post-settlement, emphasizing the importance of being flexible and transparent in real estate dealings. They stress that despite initial industry apprehensions, the new procedures foster greater transparency and fairness, benefiting both sellers and buyers. Their conversation provides a significant amount of information on navigating these changes with adeptness and insight, offering professional advice for real estate agents and clients alike.

In this engaging episode of the Royal Family Real Estate Podcast, Royal Hartwig and Jason Stallard dive deep into the nuances of the fall real estate market in 2024. They explore whether it is more advantageous for sellers to wait until spring to list their homes, or if selling now could yield better results. Their conversation is packed with insights into the cyclical nature of real estate pricing, offering a granular look at market trends and pricing strategies in the Chicagoland area. By addressing both sellers and buyers, Royal and Jason provide a comprehensive perspective on current real estate conditions. They delve into the benefits of preparing a home for market well in advance, detailing actionable steps such as essential home improvements and strategic timing of listing to maximize ROI. They also explore current interest rate trends and predict their impact on market dynamics, ensuring listeners are well-equipped to make informed decisions. This episode serves as an invaluable resource for anyone looking to understand the intricacies of the real estate market during this transitional season.

In this engaging episode of the Royal Family Real Estate podcast, Jason Stallard and Royal Hartwig dive deep into the process of building wealth through real estate investment. With an expert like Royal at the helm, this episode sheds light on the complexities and rewards of real estate investing. They discuss essential strategies, starting points for new investors, and the critical aspects of ensuring good returns on investment (ROI). Whether you're a seasoned broker or a novice investor, this episode provides invaluable insights into the multifaceted world of real estate. Starting with the groundwork, they emphasize understanding key metrics such as the capitalization rate (cap rate), which helps evaluate the potential returns on a property. The episode also covers practical aspects such as the importance of location, the benefits of different types of properties, and the less glamorous sides of real estate investing that require hands-on involvement. Additionally, they delve into the tax benefits and legal strategies, like the 1031 exchange, that can maximize your investment's profitability while minimizing tax liabilities. Overall, this episode is a treasure trove of knowledge, providing listeners with a comprehensive guide to starting and succeeding in real estate investing.

In this episode of the Royal Family Real Estate Podcast, Royal Hartwig and Jason Stallard dive into the major shifts in the real estate industry following the recent NAR settlement.

What initially seemed like a huge upheaval, especially with the changes rolled out on August 17, has turned out to be more manageable than expected. Together, they break down how brokers and agents are adapting to these changes, highlighting the new levels of transparency and negotiation power that come with them. Royal relates the industry's shift to the Y2K scare, explaining how the initial anxiety has given way to a smoother transition. The key change is that offers now need to clearly outline agent compensation, which benefits sellers and alters the negotiation game. Jason sheds light on how adapting buyer presentations and agency agreements to these new norms is making a big difference. These updates not only make the agent’s role clearer but also set the stage for better deals. While the changes might have seemed daunting at first, they ultimately help agents offer more professional and distinctive services, setting them apart from the competition. Tune in today to learn ways that real estate experts have been adjusting to these changes- and ways to take advantage of them.

Welcome back to the Royal Family Real Estate Podcast, where Royal Hartwig, Jason Stallard, and Brenna Freskos share their expert insights into the ever-evolving real estate market in Chicagoland. Broadcasting from their new studio setup, the team is ready to dive into timely topics that matter to both buyers and sellers in a shifting market. In this episode, the focus is on the dynamics of home sale and home close contingencies. With the current market shifts, these contingencies are resurfacing as viable options for many transactions. The hosts delve deeply into the implications for both buyers and sellers and provide practical advice on how to navigate these contingencies. They discuss the trends indicating a slowdown in market activity, the importance of pricing strategies, and how both home sale and home close contingencies could affect a sale's success. Their seasoned guidance offers invaluable insights for anyone considering buying or selling in this unpredictable market.

Welcome back to the Royal Family Real Estate Podcast! Hosted by Royal Hartwig, along with Jason Stallard and Brenna Freskos, this episode delves into the dynamics of the current Chicagoland real estate market and strategies for winning deals in a competitive market, focusing on both buyer and seller perspectives. Throughout the episode, the hosts share valuable insights on effective negotiation tactics, such as the importance of appraisal gap coverage, the strategic use of earnest money, and the role of home inspections and appraisal waivers in strengthening offers. They emphasize the significance of clear and proactive communication between agents and lenders to streamline transactions and build trust. The conversation also covers the nuances of as-is contracts, the pros and cons of love letters, and the impact of escalation clauses on deal making.

Welcome to another episode of the Royal Family Real Estate Podcast, where Royal Hartwig, Jason Stallard, and Brenna Freskos dive deep into how to get top dollar when selling your home. They share valuable knowledge of the seller’s side, including preparing your property for sale, understanding market dynamics, and all of the crucial steps involved from start to finish. Beyond the homeselling process, Royal, Jason, and Brenna also discuss the current real estate market trends in the Chicagoland area. They examine the unusual inventory patterns, seller behavior, and the market's shift as we progress through different seasons. They offer listeners a step-by-step guide on getting a property market-ready, including detailed walkthroughs, home improvements with high ROI, and strategic pricing to attract the right buyers. Whether you’re a broker, a homebuyer, or homeseller, this episode is a great resource for anyone learning about Chicago’s current real estate market. Don’t miss out!

In episode three of the Royal Family Real Estate Podcast, Royal Hartwig, Jason Stallard, and Brenna Freskos delve into the implications of the recent National Association of Realtors (NAR) settlement and its impact on the real estate industry. With changes set to take effect on August 17, the team discusses the key alterations, including the non-disclosure of commission rates and the mandatory buyer agency agreements. In this episode, the hosts break down the nuances of the NAR settlement and its potential effects on both buyers and sellers. They explore the complexities of co-op compensation, how it has traditionally been managed through the MLS and the challenges that real estate agents may face with the new regulations. The conversation also touches on the broader implications for transparency in the industry, the varying responses from different MLS regions, and potential future shifts in real estate practices. Stay Tuned to the Royal Family Real Estate Podcast to stay up to date from local real estate experts.