We're all about clear, straightforward advice and support tailored just for you. As we approach a significant change in the industry this July, we're here to ensure you're well-informed and prepared to navigate these changes with confidence.

I want to see properties this weekend, but I want to understand my options. What should I do?

Contact the agent you have been working with or begin interviewing agents. They can still show you properties. How you work with your agent and establish your relationship is evolving. Currently, any offer of compensation to your buyer's broker can be found in the Multiple Listing Service. In July, that will no longer be the case.

What changes in July? Beginning in July, all agents will need to use a buyer representation agreement to show you properties. This practice is already in place in many markets and will now apply across the country.

What is a buyer representation agreement (as defined in your state)?

The buyer representation agreement defines the scope of work your agent is going to provide including the contract duration, services and compensation. This means you will know the services and costs upfront with the agent you’ve chosen to represent you.

Will I have to pay my agent out of pocket?

The answer is maybe. Every representation agreement is negotiable.

Got more questions? Let's chat! →