New State Law

Washington State's real estate agency law is changing for the first time since its adoption in the 1990s. The new law – Chapter 18.86 RCW – effective January 1, 2024, requires real estate brokers to have a written services agreement in place with homebuyers who engage their services, and that agreement should be signed "as soon as reasonably practical." Washington now joins just 15 other states in requiring written agreements for buyers.

Sweeping changes in the real estate industry, as a result of some headline-worthy class action lawsuits against the industry trade organization, are meant to ensure you – the consumer – fully understand how real estate brokers are compensated for providing services to clients.

New Broker Standards 

This coming era of real estate brokerage services is all about you, the consumer, having transparency about – and full disclosure in – how broker compensation is handled. This new landscape has set the stage for us professionals to compete for your business based on your most crucial needs; you are empowered to confidently hire the most qualified expert.  

Did you know that less than 5% of brokers who closed a sale on Bainbridge Island last year are locally-based Top Producers who closed more than ten sales? This handful of professionals, which Jason is proudly a part of, accounted for 30% of the overall residential sales. 

On the other hand, consider that sixty of over one hundred island-based brokers only closed three or fewer sales in 2024. Jason is committed to bringing awareness to the potential disservice part-time, amateur brokers do for consumers who aren’t aware of the professionalism the highly skilled pros bring to their clients on a full-time basis. 

Jason firmly believes in consumers being, and he built his brand on the belief that his clients should be, empowered to make well-informed decisions. 

Expertise matters

Jason is motivated to personally raise the bar of what to expect from a real estate professional in the future of the industry. He is fully prepared for 2024 because this new era of transparency has given him the challenge to demonstrate his value and expertise to you through his proven track-record.

To demonstrate his ambition and expertise to you as a prospective client in this new era, Jason has extensilvey revised his Buyers Guide and a Sellers Guide to show you how you could benefit from his expertise. If you like what you see and schedule an appointment, you will then receive his Buyer or Seller Presentation where he thoroughly articulates his value and expertise with full transparency. In addition to a full scope of Jason’s approach to his craft, these assets also include every legal form and disclosure available from the NWMLS and Windermere Real Estate’s legal firm, Demco Law. 

And in the spirit of full transparency, you can find the Windermere flyer here, all the legal forms, bulletins and disclosure for buyers here and sellers here.

Jason Shutt is eager to win your business

When the time comes, Jason hopes you will take the time to be well-informed and empowered about how to choose a real estate broker to be your trusted advisor. In this new era of transparency, there is importance in allowing brokers, particularly a Top Producer like Jason, to compete for your business. 

Jason’s goal is to meet you in person and discuss how he is so well suited to help you meet your objectives, no matter if your timeframe is three months or three years.