News and Resources Posts

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning […]

In the world of real estate transactions, the concept of dual agency is a contentious topic, sparking debates and raising questions about the conflicts of interest and transparency.

How do you evaluate a buyer’s agent? What factors should be considered when evaluating a real estate agent? The first step is knowing the different types of agents in real estate. Traditional real estate brokerages have buyer agents, listing agents, dual agents and designated agents. 

Homebuyer Brokerage is happy to present our "How to Buy a Home Guide". We believe this guide is a valuable reference for you as you navigate the sometimes intimidating waters of home ownership.

What is a real estate agent? A real estate agent is someone who has passed a real estate examination and obtained a license to work in a state or jurisdiction.‍ In the Greater Washington D.C. area, many real estate agents are licensed in the District, Maryland and Virginia. This allows the real estate agent to work in each state and the District of Columbia. ‍A real estate agent becomes a Realtor by joining the National Association of Realtors. 

December 2022 saw the lowest number of new pending sales since 2014.‍At the same time, the median price fell year over year for the first time since 2016 which is 15% lower from the peak of the market, according to data compiled by Bright MLS on the Washington D.C. Metro region.