What if open house visitors say they don't want to sign the form? Do you still let them see the home? These new buyer forms are more ridiculous than the COVID showing forms and rules.
@@mikeca98 Great question! Yes, you must allow the prospective buyer to see the home. Buyer's/visitors are not required by law to sign a form just to see a home or at an open house. Should the buyer want to submit an offer then they must "FIRST" have a signed buyer representation form. You as the listing agent are working for the seller and allowing a visitor to see the home means you are working for the seller and for the seller's best interest, not the buyer. Anything the prospective buyer says to you may be disclosed to the seller. Remember, buyers may now self represent themselves should they go that route. Thank you for stopping by.
As per the NAR SETTLEMENT FAQS, updated August 8, 2024 # 61. • • If the MLS Participant is working only as an agent or subagent of the seller, then the Participant is not “working with the buyer”. In that scenario, an agreement is not required because the participant is performing work for the seller and not the buyer. • •
What if open house visitors say they don't want to sign the form? Do you still let them see the home? These new buyer forms are more ridiculous than the COVID showing forms and rules.
@@mikeca98 Great question! Yes, you must allow the prospective buyer to see the home. Buyer's/visitors are not required by law to sign a form just to see a home or at an open house. Should the buyer want to submit an offer then they must "FIRST" have a signed buyer representation form.
You as the listing agent are working for the seller and allowing a visitor to see the home means you are working for the seller and for the seller's best interest, not the buyer. Anything the prospective buyer says to you may be disclosed to the seller.
Remember, buyers may now self represent themselves should they go that route.
Thank you for stopping by.
As per the NAR SETTLEMENT FAQS, updated August 8, 2024
# 61.
•
• If the MLS Participant is working only as an agent or subagent of the seller, then the Participant is not “working with the buyer”. In that scenario, an agreement is not required because the participant is performing work for the seller and not the buyer.
•
•