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Buying a Home • Information • August 2, 2024

Important Update for Home Buyers: Buyer Agency Agreement Now Required

by Sarah Wiley

Important Update for Home Buyers: Buyer Agency Agreement Now Required

Starting now, home buyers will need to enter into a Buyer Agency Agreement with a REALTOR® before going to see any homes for sale. This new requirement is designed to enhance your home buying experience and ensure that you receive the best possible representation.

What is a Buyer Agency Agreement?

A Buyer Agency Agreement is a formal contract between you, the buyer, and your REALTOR®. It outlines the responsibilities and duties of your agent, guaranteeing that they will work in your best interest throughout the home buying process.

Why is This Important?

  1. Dedicated Representation: Your REALTOR® is committed to advocating for your needs, negotiating on your behalf, and providing expert advice.
  2. Exclusive Loyalty: This agreement ensures that your agent is working exclusively for you, prioritizing your goals and preferences.
  3. Clarity and Transparency: Both parties have a clear understanding of the expectations and responsibilities, leading to a smoother and more efficient process.

How Does It Work?

Before scheduling any home viewings, your REALTOR® will discuss and sign the Buyer Agency Agreement with you. This agreement will cover important details such as the scope of services, duration of the contract, and any fees involved.

Entering into a Buyer Agency Agreement not only aligns with the latest industry standards but also enhances the trust and collaboration between you and your REALTOR®. It’s a proactive step towards ensuring you find your perfect home with the best possible guidance and support.

Ready to start your home search? Contact me today to discuss the Buyer Agency Agreement and begin your journey to homeownership!

#BuyerAgency #HomeBuying #RealEstateUpdate #sarahwileyrealtor #yourhomeismyworld #cbcarverpressley

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