Big changes are happening in the real estate world, and both REALTORS® and consumers need to understand what they mean.

In this episode of Simply Authentic, we’re joined by Crystal Forbis and Lacy Pattyson with Great American Title to break down the new FinCEN rule that went into effect March 1. While REALTORS® have been preparing for this change for some time, many buyers and investors may not yet realize how it could impact their transactions.

This new federal rule focuses on certain real estate purchases that meet three key thresholds: • The transaction is cash or cash-like • The buyer is purchasing as an entity • The property is residential real estate

Why the change? The rule was created in response to the growing  ...