So... What is this all about ?
New regulations now require all real estate agents to have buyers sign an Exclusive Buyer Agency Agreement before showing any homes. This agreement formalizes our commitment to working exclusively with you as your buyer’s agent.
Why is This Required?
- Clarity and Commitment: It ensures both parties are clear about the relationship and the services we provide.
- Professional Representation: It allows us to represent your best interests fully and negotiate on your behalf.
- Legal Compliance: It aligns with new laws aimed at enhancing transparency and protecting all parties involved in real estate transactions.
What Does the Agreement Entail?
- Exclusive Representation: You agree to work exclusively with our agency to find and purchase your home.
- Duties and Obligations: We will actively search for properties that meet your criteria, arrange showings, and provide expert advice and negotiation skills.
- Duration and Terms: The agreement will specify the duration of our working relationship and any associated terms.
Benefits to You
- Dedicated Support: With an exclusive agreement, you receive our undivided attention and commitment.
- Expert Negotiation: We can negotiate better terms and conditions on your behalf.
- Comprehensive Service: Access to a wider range of properties and thorough market insights.
From the horse’s mouth, so to speak, this is what NAR says about this.
We are here to answer any questions you may have about this new requirement and how it benefits your home-buying process. Our goal is to provide you with the best possible service and support throughout your journey to find the perfect home.
To find out more on how I can help you find your ideal home contact me.
Phil Nash
941 705 6798
philnash.kw.com