New Regulations and Housing Market Insights with Jennifer Beeston

Jennifer Beeston • October 1, 2024

New Regulations and Housing Market Insights with Jennifer Beeston

Join us on Wealth! as we sit down with Jennifer Beeston, SVP of Mortgage Lending, to discuss new regulations affecting buyer-broker agreements and the current state of the housing market.

Understanding the New Buyer-Broker Agreement Rules

In August, new rules made it possible for broker fees to become negotiable. Jennifer Beeston explains how this change can relieve stress for homebuyers already dealing with high home prices, down payments, and closing costs.


The Impact on Buyers

Beeston notes, "Real estate agents can now negotiate their commission with sellers. While you might not win every house, remember that it's all about your overall offer. The net price is what truly matters."


Tips for Homebuyers

With these changes, Beeston encourages homebuyers to:

  • Shop around for different agents
  • Interview potential agents
  • Negotiate to get the best deal


The Housing Market's Supply Issue

The housing market is currently facing a supply shortage. Beeston highlights the importance of supporting builders to address this issue. She mentions Texas as an example of a state with better supply due to its pro-builder stance, unlike the more competitive market in New Jersey.


Stay informed and make the best choices for your home buying journey!

Book Your Mortgage Consultation Now

Ready to take the next step towards your dream home? Book a consultation with Jennifer Beeston today!


Whether you're a first-time buyer or looking to refinance, Jennifer is here to guide you through the process with ease and clarity.

Buying a Multi-Unit Property with VA Loans
Is That House Really Worth It? How to Spot Overpriced Homes
By Jennifer Beeston April 3, 2025
Ever scroll through listings and think, "Seriously? That house is worth that much?" You're not alone. The housing market can feel like a rollercoaster, with prices that seem to defy logic.
How to Spot a VA Loan Scammer: Protect Your Homeownership Dreams
By Jennifer Beeston March 18, 2025
Are you a veteran dreaming of owning a home? A VA loan can make that dream a reality. It offers incredible benefits. But some lenders use deceptive practices that target veterans.
What Every Home Buyer Absolutely Needs To Know About Pre-Approvals
By Jennifer Beeston March 4, 2025
Getting pre-approved for a mortgage is a crucial first step in the home-buying journey. It tells sellers you're a serious, qualified buyer and helps you understand how much you can borrow.
More Posts