Description
The National Association of REALTORS® (NAR) has implemented a nationwide requirement for real estate professionals to have written buyer agreements with their clients. These agreements, which are now mandatory for many real estate professionals, outline the services the professional will provide and the compensation they will receive. The agreements are negotiable and must clearly define compensation terms, ensuring transparency and reducing potential confusion between the client and the real estate professional. The agreements are intended to benefit both parties by clarifying expectations and establishing a clear understanding of their business relationship.
This guide provides information for consumers about negotiating written buyer agreements with real estate agents. It explains that these agreements are required for many agents before showing homes and ensure clarity regarding services, responsibilities, and compensation. The guide outlines the...
Published 10/11/24
The article Two Reasons Why the Housing Market Won’t Crash argues that a housing market crash is unlikely due to low unemployment rates and high demand for homes. The author cites real estate experts who explain that the current market is vastly different from the conditions leading to the 2008...
Published 10/09/24