As a proud North Carolinian and your local real estate expert at Brazoban Realty Group, I’ve seen our communities grow and evolve—from the vibrant streets of Raleigh to the coastal charm of the Outer Banks. But right now, significant changes are reshaping North Carolina’s real estate market, impacting homeowners, buyers, and sellers across our state. Today, I’m sharing the latest regulatory updates, what they mean for you, and how our team at Brazoban Realty Group is here to guide you through this shifting landscape with a personal touch.

Protecting Homeowners: A Crackdown on Wholesaling

If you’ve ever received an unsolicited call or letter offering a quick cash deal for your home, you might’ve encountered a real estate wholesaler. While some operate ethically, others exploit distressed homeowners with lowball offers and opaque contracts. A new bill moving through the North Carolina General Assembly aims to change that by requiring wholesalers to obtain a real estate license, following South Carolina’s model. This move will bring accountability, ensuring transparency and protecting vulnerable residents in places like Charlotte and Greensboro from predatory practices.

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What You Can Do: If you’re considering selling, don’t rush into cash offers without consulting a trusted professional. At Brazoban Realty Group, we’ll evaluate any offer and help you understand its true value, ensuring you make an informed decision that benefits your family.

Relief from Predatory Contracts

Imagine signing a contract that locks you into a 40-year agreement, preventing you from selling your home freely. That’s what some North Carolinians faced with companies like Stone Brook Partners and MV Realty. Thankfully, Attorney General Jeff Jackson has taken decisive action, barring these firms’ CEO from operating in our state and freeing homeowners from these deceptive deals. This is a huge win for property owners in communities like Durham and Asheville, restoring their ability to sell or refinance without unfair restrictions.

What You Can Do: If you’ve signed a long-term real estate contract, review it carefully. Our team at Brazoban Realty Group can connect you with legal resources to assess your options and protect your rights, so you can move forward with confidence.

Transparency Through Disclosure Requirements

North Carolina’s Residential Property Disclosure Act has always emphasized “caveat Emptor” (buyer beware), but it’s now reinforcing the need for transparency. Sellers must disclose material facts, such as mineral, oil, and gas rights or lead-based paint risks in homes built before 1978. These rules protect buyers in markets like Wilmington and Raleigh while ensuring sellers meet legal obligations, fostering trust in every transaction.

raleigh durham real estate
Photo by The Lazy Artist Gallery on Pexels.com

What You Can Do: Buyers, ask detailed questions about a property’s history and condition. Sellers, be proactive in completing your disclosure forms accurately. At Brazoban Realty Group, we guide both buyers and sellers through the disclosure process, ensuring compliance and peace of mind.

How These Changes Impact Our Communities

These regulatory shifts are about protecting you—our neighbors, friends, and fellow North Carolinians. Whether you’re a first-time buyer in Cary, a retiree selling in Boone, or an investor in Winston-Salem, these changes create a fairer, more transparent market. But navigating them can feel overwhelming, especially with high mortgage rates and a competitive market. That’s where Brazoban Realty Group comes in. As your local experts, we’re not just real estate agents; we’re your partners, committed to helping you achieve your goals with integrity and care.

How Brazoban Realty Group Can Help

  • For Buyers: We’ll help you understand disclosures, avoid predatory traps, and find a home that fits your budget, even in a tight market.
  • For Sellers: We’ll ensure your disclosures are accurate, evaluate offers fairly, and market your home to maximize value, steering clear of unlicensed wholesalers.
  • For Everyone: Our deep roots in North Carolina mean we know the local market inside out, from regulatory nuances to community trends.

Let’s Navigate This Together

The real estate market is changing, but you don’t have to face it alone. At Brazoban Realty Group, we’re here to guide you every step of the way, with the expertise and heart of a local team. Want to stay updated on market trends and get personalized advice? Sign up for our weekly newsletter to receive expert insights, local tips, and exclusive opportunities delivered to your inbox every Monday. Let’s build your future in North Carolina together!

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With Brazoban Realty Group, you’re not just a client—you’re family. Reach out today, and let’s make your real estate dreams a reality.

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