How To Explain The NAR Settlement Agreement To Home Buyers and Your Clients.
he home buying and selling process will never be the same again. You will now be REQUIRED to have a buyer consultation and sign a buyer broker agreement even before looking at the first home with a potential home buyer. Now, with sellers, we must agree upfront what the listing commission will be and now also what you will offer to a buyers agent (if anything)
Agents are being lazy or they're uninformed, and currently many are in violation of this new law. Make sure you explain this properly to your buyer clients and come from a position of serving. There is a specific process to follow and all this nar lawsuit and settlement agreement did was expose that most realtors and real estate agents are under prepared and do not follow a professional process.
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17 сен 2024