NAR Settlement Requires Buyer's Representation Agreement

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  • Опубліковано 29 сер 2024
  • 📍🏠 With the proposed NAR Settlement, big changes are on the horizon, especially regarding the requirement for a buyer's broker agreement or a buyer's representation agreement. This requirement is big change, impacting how properties are shown and transactions are conducted. Join us as we explore its implications. #RealEstate #BuyersBrokerAgreement #RealEstateChanges
    Disclosure: We are not lawyers, and nothing we say should be taken as legal advice

КОМЕНТАРІ • 7

  • @biskit7
    @biskit7 Місяць тому +2

    My broker snuck in the buyers' contract when we offered on a property. Would love to know how agents will do this before showing....

  • @davesmith3884
    @davesmith3884 28 днів тому

    If the buyer is confused about signing the paper work talk to a lawyer and see what they say.

  • @rack9458
    @rack9458 3 місяці тому +1

    No buyer is going to agree upfront to paying buyer agent fees.
    This isn't 1980, most listing's are online and available to view based on range of criteria.

    • @teleskopossomnium
      @teleskopossomnium Місяць тому

      But you can’t just go look at a house. You need an agent. “I’ll just go to the listing agent”, as if they’re not busy with multiple listings.

    • @rack9458
      @rack9458 Місяць тому +1

      @@teleskopossomnium Sure you can. Ever heard of an Open House?
      If my listing agent ever told a prospective buyer they are too busy to show my house.......You're Fired!

    • @teleskopossomnium
      @teleskopossomnium Місяць тому

      @@rack9458​​⁠😂😂😂yeah cause people show up to open houses these days. Maybe the right buyer is working, or not off until 5. If an agent house 10 homes and each home has 20 interested buyers, you really expect them to be at multiple places at once? Get real. Good thing they’ll have you sign a 6 month exclusive contract so you can’t just fire them over your own ignorance

    • @Napskilla
      @Napskilla 25 днів тому

      @@rack9458so you just want any random person walking in your house with no agent representing them? What if they walk in and start stealing stuff? 😂