Fall Adventures in Orange County Real Estate: October Insights!

Can you believe it's already October? Time really does fly! 🍂 Fall is in full swing, and we've got some exciting news to share about new housing rules and laws!

Fresh Updates in Real Estate:

The National Association of Realtors (NAR) has just rolled out new rules (and it's gNARly). Here's how these updates will impact your next move in the housing market:

For Sellers:

Offering a buyer's agent commission is now optional!
You can provide a credit to the buyer for their agent's fee or still offer compensation to the buyer's agent—it's your choice!
Remember, everything is negotiable, so don't forget to factor in potential credits and buyer agent fees when pricing your home!

For Buyers:

Before seeing homes, you'll be asked to sign a Buyer Broker Agreement.
This agreement will outline how your agent gets compensated.
Say goodbye to seeing commissions advertised on the MLS and third-party websites like Redfin! 👻

As we look ahead to 2025, the housing market could really take off! 🚀 While this is the current trajectory, we'll be closely monitoring the data in the coming months.

Our favorite events to welcome the fall season in October!

Tanaka Farms in Irvine

The pumpkin Patch is in full effect and open until October 31st! From the epic Pumpkin Cannon to the Corn Maze, tractor rides, barnyard animals, and more – there is fun for the whole family! Open Monday thru Thursday: 9AM to 6PM Fridays, Saturdays, and Sundays: 9AM to 9PM.

Pumpkin City

Pumpkin City in San Clemente features rides, game booths, activities and an Oktoberfest beer garden. Free admission Monday through Friday before 4PM.

Halloween Spooktacular and Trunk or Treat in Dana Point

Activities include games, crafts, entertainment, and the Dana Point Police Services Trunk or Treat display. A kid's costume parade will take place on October 26th, 2024 at 5:00PM on the baseball field with prizes!

Boo at the Bay: Family Halloween Party in Newport Beach

This is a Family Halloween party featuring spooky stories, creepy crafts, weird science experiments, bizarre animals and hair-raising games! All children who attend in costume will receive ghoulish door prizes. This event is on October 26, 2024 from 11AM to 3PM.