New Listing - Grandview Club Rd.

 3600 Grandview Club Rd.  

For Sale

3600 Grandview Club Rd.  

Under contract in 1 Day!

Mid-Century Modern design with original front door and hardware.  Marble tile foyer, walnut feature wall in living room. 4 bedrooms, 2 fireplaces, 2 full baths with original tiles, and 2 half baths.  entire basement has terrazzo flooring, walk in pantry, loft with original ladder in one bedroom.  attached 2 car garage, fenced in back patio, laundry room. 1 car detached garage and shop with its own driveway and door.  Encapsulated dry crawl space with new sump pump and dehumidifier.  New water heater, very large corner lot with mature trees.  Patio with pavers and string lights.

$425,000   

MLS Practice Changes Coming - Changes by August 17

Winston Salem area, please be aware of changes we Realtors will implement and affect our clients.    This us from the National Association of Realtors!

Ahead of the August 17 implementation of NAR’s practice changes, we wanted to provide a few reminders of actions that are required to obtain a release of liability and protect brokers from claims related to broker commissions:

• We recommend all MLSs implement practice changes by August 17. REALTOR® MLSs (those owned exclusively by one or more REALTOR® Member Boards) must implement the changes by this date to remain in compliance with NAR policy.

  
  

• Offers of compensation are prohibited on MLSs. Offers of compensation will continue to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals. Offers of compensation help make homeownership and the benefits of professional representation more accessible to buyers, including first-time homebuyers, increase homeownership opportunities for historically underserved groups, and benefit sellers by expanding the potential buyer pool.

  
  

• Agents working with a buyer must enter into a written agreement before touring a home. Ahead of August 17, NAR encourages all members to address form changes and prepare to educate real estate professionals and consumers about revised forms. NAR policy does not dictate terms of buyer agreements, but NAR has created resources to assist with implementation of the settlement terms—such as tips on clarity and emphasizing consumer choice—including our “Written Buyer Agreements 101” resource, available here.

The practice changes are detailed here, and clarifying information is available in our FAQ on

Summary Of MLS Policy Chages Due to NAR Ruling

Coming very quickly are changes to the way we do business as Real Estate Brokers.   If you are thinking of buying or selling a home or just are researching what is going on, please feel free to reach out to me and we can discuss!

Pursuant to the requirements of the proposed Settlement Agreement, the MLS policies and model MLS governing documents were reviewed and updated with the key changes below.

1. Eliminate and prohibit any requirement of offers of compensation in the MLS between listing brokers or sellers to buyer brokers or other buyer representatives. 

 2. Retain, and define, "cooperation” for MLS Participation. 

3. Eliminate and prohibit MLS Participants, Subscribers, and sellers from making any offers of compensation in the MLS to buyer brokers or other buyer representatives. 

4. Require the MLS to eliminate all broker compensation fields and compensation information in the MLS. 

 5. Require the MLS to not create, facilitate, or support any non-MLS mechanism (including by providing listing information to an internet aggregator’s website for such purpose) for Participants, Subscribers, or sellers to make offers of compensation to buyer brokers or other buyer representatives. 

6. Prohibit the use of MLS data or data feeds to directly or indirectly establish or maintain a platform of offers of compensation from multiple brokers or other buyer representatives. Such use must result with the MLS terminating the Participant’s access to any MLS data and data feeds. 

7. Reinforce that MLS Participants and Subscribers must not, and MLSs must not enable the ability to, filter out or restrict MLS listings that are communicated to customers or clients based on the existence or level of compensation offered to the cooperating broker or the name of a brokerage or agent. 

 8. Require compensation disclosures to sellers, and prospective sellers and buyers. 

 9. Require MLS Participants working with a buyer to enter into a written agreement with the buyer prior to touring a home. 

These policy changes were approved by the NAR Leadership Team and will be effective on August 17. For additional information go to: https://www.nar.realtor/the-facts