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Nicole Strom's Blog

Posted on 12/03/2024
What Sellers Need to Know About the NAR Settlement and Buyer Agent Compensation
The NAR settlement has introduced significant changes to how real estate transactions are structured, particularly regarding buyer agent compensation. While the focus often falls on buyers, these changes have important implications for sellers, especially in competitive markets like Colorado Springs. Here’s what you need to know and how it impacts you as a seller. No More Advertised Cooperative...
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Posted on 12/03/2024
NAR Settlement and the Evolution of Buyer Agent Compensation
The NAR settlement has brought significant changes to real estate practices, particularly regarding how buyer agent compensation is structured and disclosed. Historically, sellers covered both the listing agent’s and the buyer’s agent’s fees, which were split from the total commission outlined in the Multiple Listing Service (MLS). However, the settlement mandates greater transparency, leading to the elimination of...
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Posted on 12/02/2024
A basic guide to loss of use coverage
Loss of use coverage is part of every standard homeowners...
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Posted on 12/01/2024
The Rise of Multigenerational Living – A Growing Housing Trend in the U.S.
Multigenerational living is transforming the American housing landscape, offering practical solutions to economic challenges while fostering stronger family bonds. Here in Colorado Springs, this trend is reshaping how we think about home. Why Multigenerational Homes Are Gaining Popularity Caring for Aging Parents 👵👴: Families are welcoming elderly relatives into their homes, providing care and cherished companionship. Supporting Adult...
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Posted on 12/01/2024
Monument, CO Real Estate Market Update 12/1/2024
Click here to view Monument, CO blog post which has information on the constantly changing market...
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Posted on 11/30/2024
Key Factors That Impact How Fast Your Home Sells
One of the most common questions I hear from homeowners is, “How long will it take to sell my home?” The truth is, several factors determine how quickly your home will sell. By understanding these factors, you can better position your home to attract the right buyer and achieve a successful, timely sale. The Three Lenses Buyers Use...
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Posted on 11/30/2024
The Three Key Roles Sellers Play in a Home Sale
Selling your home is an exciting process, but it requires careful planning and collaboration. As the seller, you play three key roles that directly impact the success of your sale: setting the price, managing the condition, and defining the terms. Each of these decisions affects how quickly your home sells and how much you will ultimately walk away...
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Posted on 11/29/2024
Elf on the Shelf Made Easy: Letters and Calendar for Busy Parents 🎄✨
The holiday season is magical—but let’s be honest, it’s also BUSY. Between gift shopping, decorating, and planning family gatherings, adding one more thing to your plate might feel overwhelming. That’s why I’ve created a stress-free Elf on the Shelf solution to help you bring the magic to life without the hassle! This year, your Elf on the Shelf...
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Posted on 11/27/2024
Did October’s New Home Sales Report Really Show an Epic Crash?
The October 2024 new home sales report made headlines with a sharp 17.3% decline, but what’s driving these numbers? Here’s a closer look: 📊 The Bigger Picture Several factors influenced the drop, including rising mortgage rates and hurricane impacts in the Southern U.S. When we exclude Southern states, new home sales actually increased by 8% year-over-year, and month-to-month...
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Posted on 11/27/2024
Colorado Springs, CO Real Estate Market Update 11/27/2024
Click here to view Colorado Springs, CO blog post which has information on the constantly changing market...
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Posted on 11/25/2024
A basic guide to how a home warranty works
When considering new construction, many potential buyers...
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Posted on 11/24/2024
Military Families: Discover the Unbeatable Value of the Epic Military Pass
❄️ Ski and Snowboard at Iconic Resorts for Less ❄️ As a military member, you and your family have earned the opportunity to enjoy the best of what Colorado winters have to offer. The Epic Military Pass is designed exclusively for active duty, retired military personnel, veterans, and their dependents, giving you access to some of the most...
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