What Does the NAR Settlement Mean to Sellers...

HOME SELLERS:

Here's What the NAR Settlement Means for You

As a home seller, you have a wide range of choices when it comes to listing your home. Agents who are REALTORS® are a trusted source of advice and stand ready to help you navigate this complex process and make the choices that work best for you. NAR’s recent settlement has led to several changes related to broker commissions that benefit sellers, and we wanted to clearly lay them out for you.

Here is what the settlement means for home sellers:

  • You still have the choice of offering compensation to buyer brokers. You may consider doing this as a way of marketing your home or making your listing more attractive to buyers.

 

  • Your agent must conspicuously disclose to you and obtain your approval for any payment or offer of payment that a listing broker will make to another broker acting for buyers.

 

  • This disclosure must be made to you in writing in advance of any payment or agreement to pay another broker acting for buyers, and must specify the amount or rate of such payment.

 

  • If you choose to approve an offer of compensation, there are changes to how this can happen.

 

  • You as the seller can still make an offer compensation, but your agent cannot include it on a Multiple Listing Service (MLS)—MLSs are local marketplaces used by both buyer brokers and listing brokers to share information about properties for sale.

 

  • Your agent can advertise your listing via off-MLS platforms such as social media, flyers and websites.

 

  • You as the seller can still offer buyer concessions on an MLS (for example, concessions for buyer closing costs).

These settlement practice changes will go into effect August 17.

Here is what the settlement doesn’t change:

  • Agents who are REALTORS® are here to help you navigate the process of selling your home and are ethically obligated to work in your best interest.

 

  • Compensation for your agent remains fully negotiable, and if your agent is a REALTOR®, they must abide by the REALTOR® Code of Ethics and have clear and transparent discussions with you about compensation. When finding an agent to work with, ask questions about compensation and discuss what you would like to offer buyers.

 

  • You have choices. Work with your agent to understand the full range of these choices when selling your home, which will help you make the best possible decision for your needs.

Content Directly From the National Association of Realtors®.

 

WHY SELL WITH US?

Selling your home is all about knowing the local housing market. Pricing your home correctly is crucial to maximizing the highest selling price possible. As an area expert, Malik Real Estate Group can help determine what direction the market is trending so you can make the right choices when it comes to selling your home.

Accurate pricing is key to get as many people as possible to tour and make offers on your home, especially when you first list your home.  There’s a current pool of buyers waiting for new listings to hit the market which is why accurate pricing is crucial. 

Once we’ve determined the price, we can give you advice about the little things that you can do to present your home in the best possible light. You’d be surprised by the simple measures you can take to dress up your home to attract more qualified buyers.

We have a marketing plan that is designed to get maximum exposure to the buyers that are currently looking. Through pricing, presentation, agent accessibility, and visibility, both on and offline, we can successfully sell your home to help you achieve your goals. 

MREG Marketing Art

When you entrust us with your property, we guarantee to take the necessary steps to ensure a successful sale. Our marketing plan includes the following minimum services:

* Consultation to review your property's features and identify any improvements to increase its appeal to potential buyers.

* Professional photography to showcase your property in our extensive digital, print, and advertising campaigns. Not to brag but our visual tours are stunning!

* Inclusion of your property in the California Regional Multiple Listing Service (CRMLS).

* Full support from the entire Malik Real Estate Group in selling your home.

PLUS…

No Up Front Fees

There’s absolutely no upfront cost involved when placing your home on the market.  Whether the home ultimately sells or not, we cover all the marketing cost.

Cancel at Anytime

With our EASY EXIT listing agreement, you can cancel the contract terms anytime. The traditional real estate listing agreement is terribly one sided. It’s a contract that your agent can cancel, but you can’t. That’s why we give you the right to cancel your listing agreement anytime prior to accepting an offer, no penalty and no questions asked! And if you’re not happy, fire me! You’re in control!

 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Our Current Listings

$467,500
2 Beds 2 Baths NS26187343 MLS Active Status
With 1041 sf of comfortable living space, this condo offers 2 bedrooms and 1.5 bathrooms, combining inviting indoor-outdoor spaces and exceptional convenience. Tucked away from traffic, the condo features an attached one-car garage, a designated parking space and nearby guest parking. Step inside to discover soaring vaulted ceilings and abundant windows that fill the living area with natural light. The spacious living room centers around a cozy gas fireplace and connects effortlessly to the dining area while a sliding glass door leads you out to a private, fenced patio. The well appointed kitchen offers ample cabinet and counter space making it a wonderful space to create culinary delights. Rounding off the main floor is a convenient half bathroom. Upstairs, you’ll find the primary bedroom with a generous closet and a private balcony ideal for morning coffee or evening relaxation. The secondary bedroom is also generously sized with a larger closet. Residents of Quail Ridge enjoy access to a sparkling pool, relaxing spa, clubhouse and well-maintained grounds. Located within walking distance to downtown Atascadero’s vibrant shops, restaurants, movie theater and community events—and with easy freeway access—this home perfectly blends comfort, amenities and convenience. Ideal for first-time buyers, downsizers seeking low-maintenance living or investors looking for a turnkey rental opportunity, this charming condo checks all the boxes. Please review the Virtual Tour for additional information.

44 Sombrilla Court, Atascadero

$885,000
3 Beds 2 Baths NS26176769 MLS Active Status
Welcome to this inviting 3 bedroom, 2 bathroom home offering 1321 sf of comfortable living space on 1.2 usable acres. Set back from the road, the property provides a large driveway with plenty of room for multiple vehicles. Step through the striking front door and look up to vaulted ceilings and a beautiful skylight, then out through the large sliding glass doors that perfectly frame the surrounding views. Newer laminate wood flooring flows throughout the main living areas, while the open floor plan creates a spacious, welcoming atmosphere. The remodeled kitchen features shaker cabinets, granite countertops, stainless steel appliances and custom reclaimed wood shelving. A large window above the sink and skylight fill the space with wonderful natural light. Spacious guest bedrooms and a well-appointed main bathroom provide plenty of room, while the primary suite offers a relaxing retreat with a large sliding glass door leading to the back deck and spa, a walk-in closet and a generous ensuite bathroom. Step outside onto the expansive composite back deck, designed for both relaxing and entertaining. Whether you're enjoying your morning coffee, unwinding in the spa or gathering with friends and family, this generous outdoor space provides the perfect setting to take in the beautiful views and enjoy the peaceful surroundings. The deck creates a natural extension of the home's living space and offers plenty of room for outdoor dining, lounging and entertaining. Beyond the home, an RV pad offers ample space for a large RV, trailer or boat. An additional pad has already been cut and is ready for future expansion, offering possibilities for a workshop, storage building or potentially an ADU. Buyers are encouraged to consult with the City of Atascadero regarding potential uses and expansion opportunities. Located just minutes from shopping, schools, restaurants and freeway access, this property offers the peaceful feel of country living with the convenience of being close to town. This is a property you won't want to miss—have your realtor schedule a showing today! Please review the Virtual Tour for additional information.

3925 Arena, Atascadero

$1,050,000
3 Beds 3 Baths NS26174347 MLS Active Status
Welcome to this beautifully maintained home in the established neighborhood of El Dorado Estates, offering 1785 sf, 3 bedrooms, 2 bathrooms, a workshop with half bath and a full acre of highly usable land. Attractive, low maintenance landscaping creates wonderful curb appeal while minimizing yard work. Inside, the open floor plan features a generous living room that flows into the dining area and kitchen. A gas fireplace with stone surround and large windows fill the space with warmth and natural light. Plantation shutters have been upgraded throughout. The remodeled kitchen offers ample cabinetry, stainless steel appliances and durable Corian countertops. Down the hall are two guest bedrooms and a spacious main bathroom. The spacious primary suite overlooks the backyard and features two closets, generous room size and a remodeled ensuite bathroom. The backyard is designed for relaxing and entertaining, with a large covered patio featuring composite decking, an outdoor sink area ready for a future BBQ, artificial turf and a built-in Santa Maria-style BBQ, gas fireplace and storage shed. Enjoy gorgeous views of the surrounding hills from the outdoor living spaces. A detached ~325 sf workshop adds valuable bonus space and includes power, lighting, cabinets, workbench, roll-up door and half bathroom. An adjacent carport provides additional covered storage. Continue down the paved driveway to ~1/3 acre of open, usable land with a large concrete pad ideal for an RV, trailer, boat or other recreational vehicles. There may also be potential for future expansion; buyers are encouraged to contact the City of Paso Robles regarding possible uses and development opportunities. Conveniently located near shopping, restaurants, schools and freeway access, this property offers the space and privacy of an acre while remaining close to everything Paso Robles has to offer. With its inviting home, exceptional outdoor spaces, workshop, usable acreage and stunning hill views, this property truly has something for everyone. Please review the Virtual Tour for additional information.

738 Orchard, Paso Robles

$749,000
4 Beds 2 Baths NS26158893 MLS Active Under Contract Status
Welcome to this inviting 1394 sf home offering 4 bedrooms, 2 bathrooms and a versatile loft space that can easily serve as a home office, extra storage, playroom or whatever best fits your lifestyle. From the charming white picket fence to the mature shade tree that graces the front yard, this property offers wonderful curb appeal. An expansive driveway provides ample parking for multiple vehicles, with plenty of room for an RV or additional recreational toys. Step inside to discover attractive bamboo flooring that flows throughout the main living areas, creating a warm and welcoming atmosphere. The updated kitchen features soaring vaulted ceilings, abundant cabinetry and plenty of workspace, making it both functional and inviting. The spacious living room is the perfect place to gather with family and friends, while a large front window fills the space with natural light and picturesque views of the front yard. Down the hall you'll find three comfortable guest bedrooms and a full bathroom complete with an extra-deep jetted tub/shower combination, perfect for relaxing after a long day. The private primary suite offers an ensuite bathroom and a large sliding glass door that opens directly to the backyard, creating a peaceful retreat. Situated on an expansive ~0.25 acre lot, the backyard is designed for both everyday enjoyment and entertaining. A fenced grassy area offers endless possibilities for pets, gardening or future projects, while a storage shed provides added convenience. The expansive concrete patio creates plenty of room for outdoor dining and gatherings. The true centerpiece, however, is the fully fenced swimming pool, complete with a surrounding patio for lounging and a fun waterslide that's sure to be a hit all summer long. Conveniently located just minutes from downtown Atascadero, you'll enjoy easy access to year round community events, restaurants, shopping and entertainment. With nearby freeway access, commuting throughout the Central Coast is quick and convenient. Homes with this combination of space, a pool and an unbeatable location don't come along often—don't miss your opportunity to make this one yours! Please review the Virtual Tour for more information.

6570 Navajoa, Atascadero

$659,000
2 Beds 3 Baths NS26154857 MLS Active Status
Welcome to this beautifully maintained, end unit condo in the desirable gated Woodridge Community. Offering 2002 sf, 2 bedrooms, 2.5 bathrooms and a spacious, flexible floor plan with added office or 3rd bedroom option. The main level features an open concept living and dining area that flows seamlessly into the kitchen, complete with a center island with bar seating, abundant counter space and a pantry for extra storage. The downstairs boasts attractive wood look tile flooring, creating a cohesive and durable living space. A convenient half bathroom and a large walk-in storage closet complete the first floor, while 9 foot ceilings throughout enhance the home's spacious feel. Upstairs, the generous primary suite offers a walk-in closet, dual sink vanity, separate shower and soaking tub, plus access to a private covered balcony overlooking the open space surrounding the community. There is a versatile family room upstairs that could easily be converted into a third bedroom if desired, along with the second bedroom, a full guest bathroom and the laundry room which has cabinets for even more storage. Residents of the gated Woodridge Community enjoy a peaceful setting with convenient access to nearby walking trails, Paloma Park and the natural beauty of South Atascadero. The home's location also offers quick access to Highway 101, making commuting to both San Luis Obispo and Paso Robles a breeze. Just minutes away, downtown Atascadero invites you to explore its vibrant mix of restaurants, local boutiques and year round community events centered around the historic Sunken Gardens. Whether you enjoy hiking, golfing, visiting award winning wineries or taking a short drive to the beautiful Central Coast beaches, this home places you in the heart of everything North San Luis Obispo County has to offer. Please review the Virtual Tour for additional information.

9369 Riberena, Atascadero

$699,000
3 Beds 2 Baths NS26048791 MLS Active Status
Welcome to this captivating 1915 residence that stands as a true testament to Atascadero’s rich historical fabric. Spanning 1395 sf of charming living space, the home features a functional and comfortable layout with 3 bedrooms and 2 full bathrooms.This unique property masterfully blends vintage architectural character with the sprawling outdoor space modern buyers crave, all set on an exceptionally rare ~0.31 acre in town lot. Inside you are immediately enveloped in a warm and inviting atmosphere that maintains a seamless flow throughout. The living room serves as a bright sanctuary, surrounded by windows that bathe the space in natural light, while a wood-burning stove provides a cozy focal point for cool Central Coast evenings. For those who love to host, the formal dining room features a stunning built-in buffet that echoes the craftsmanship of a bygone era. The kitchen continues this theme of nostalgic charm, offering ample cabinetry alongside modern features for the contemporary chef. The home’s clever footprint ensures privacy for every occupant. The main floor houses two spacious guest bedrooms and a full bathroom complete with a vintage vanity and a jetted tub/shower combination. Occupying the entire second level, the primary suite serves as a secluded retreat, boasting a generous bedroom area and a tastefully updated bathroom. Outside, the fully fenced grounds have been meticulously maintained to create a private oasis. Lush lawns, designated patios and vibrant greenery offer the perfect backdrop for outdoor entertaining or quiet relaxation. For the hobbyist, multiple garden sheds provide the ideal space to cultivate a green thumb or store seasonal belongings. Completing this impressive property is a gated front yard for ultimate privacy and an expansive driveway that provides an abundance of parking, including a massive dedicated area for an RV, trailer or boat. Perfectly situated near Atascadero’s lively downtown district and convenient freeway access, this home offers the best of the local lifestyle. Please review the Virtual Tour for additional information.

6390 Navajoa, Atascadero

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.