ISP 203: Friday Lookback - What The New NAR Rules Mean for Homebuyers

Episode 203: Friday Lookback - What The New NAR Rules Mean for Homebuyers

Host: Simon Castillo 




Join our host Simon Castillo for a one on one Friday Look Back episode as he reflects on: 

• The NAR settlement aims to address commission sharing practices that inflate costs and restrict competition.
• New rules require buyers to sign representation agreements before property viewings, potentially limiting their options.
• First-time homebuyers face additional financial burdens due to the elimination of seller-paid agent commissions.
• Steering practices may arise, restricting buyers to properties with certain seller concessions.
• The settlement highlights the tension between commission-based compensation and the need for transparency in real estate transactions.
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Simon Castillo is a real estate investor & business development executive from San Antonio, TX. Simon began investing in real estate in 2004 and is currently invested in more than $39 million of single family and multifamily assets both as a general partner and limited partner. Simon’s experience includes providing safe, stable returns for investors, real estate development, value add investing and investing for long term cash flow.   

Simon is the Principal and Founder of SAS Texas Capital, a real estate firm focused on raising capital for the acquisition of value-add, class B & C multifamily properties. SAS Texas Capital has raised over $1 million in investor capital for the purchase of these assets.   

Simon holds a Master’s Degree in Finance from St. Mary’s University in San Antonio. In addition to his extensive professional experience, Simon serves as Chair for the prestigious Alexander Briseno Leadership Development Program (ABLDP) offered through the San Antonio Hispanic Chamber of Commerce, President for the South Texas Chapter for the Risk Management Society, and serves on the St. Mary’s University Greehey School of Business Finance & Risk Management Advisory Board.



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