Buyer Exclusive Agreements now the norm: New NAR
π Buyer Exclusive Agreements now the norm: New NAR settlement policy and state law is now in effect. My job as your realtor is to simplify things and educate you every step.
My practice of real estate has not changed, and my clients have and will know the costs of selling and buying a home.
Call Connie for her Buyer Rep Class, New Build Class, and Sellers Class. Together we will chat about the key things you need to know when building, selling and buying real estate.
Be aware and keep these three points in mind:
1️⃣ You need an agreement with your buyer agent, but it doesn’t have to be exclusive or long-term. Negotiate the terms and shop for an agent you trust *before* shopping for a home. You may have to interview a few before you find the right fit. This is worth the time and effort.
2️⃣ Commission is negotiable, and now it’s written into the forms. Even though MLS doesn’t disclose the buyer agency compensation, it can still be negotiated in your sales contract. This is true even if the seller isn't proactively offering compensation.
3️⃣ Don’t forgo representation just to avoid fees—it could cost you in the long run. Skillful buyer agents know your market and can not only negotiate a deal for you that makes sense, vut also help with due diligence tasks that may keep you from making costly errors in your transaction.
Connie is a Realtor on The POWELL BUEHLER GROUP with Coldwell Banker Realty. Please text 614-943-0025 for your confidential conversation about real estate Search homes at conniesadowski.com
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