Buyer Frequently Asked Questions
Find answers to common questions after the NAR settlement with this detailed FAQ.
Why do I have to sign an agreement with you just to see a home for sale in person?
All REALTORS are now required to have buyers sign a buyer representation agreement before showing any home in the MLS. This agreement outlines our working relationship, your expectations as a buyer, and the services I'll provide to help you find and purchase a home. It protects your interests, ensures clear communication, and establishes agent compensation. We can adjust the terms of the agreement to a shorter time frame or limit the number of homes if you'd like. We can then choose to extend the agreement if we decide it would be beneficial to both of us.
I can't afford to pay your fee outlined in the agreement.
We can request the seller pay my fee through the purchase agreement, or include seller concessions in the offer that allow seller funds to be used toward closing costs. We'll make it part of the deal, and I'll be clear in communicating this is required to the listing agent. There are also other strategies with offers (if needed) such as increasing the purchase price slightly if the seller has been unwilling to pay my fee. First, and most important, let's focus on finding the home you want, and then we can go from there.
What if I just go directly to the listing agent to represent me?