Buyer Broker Agreements & New Regulations: What Buyers Need to Know
Posted by Kevin E Yankow on
The real estate landscape is shifting, and a new regulation now requires that buyers sign a Buyer Broker Agreement before an agent can show them a property. This change is designed to create transparency and ensure buyers understand the services they’re receiving. While this might seem like a big shift, in reality, it has had little effect on how transactions and the traditional buyer-agent relationship function.
What This Means for Buyers
Good agents have always been confident in earning their clients’ trust and didn’t require formal agreements before. Now that it’s mandatory, buyers working with experienced agents will find that little has changed—except that everything is now in writing. The best buyer’s agents still don’t charge retainers or…
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