08/06/2024
ANNOUNCEMENT 🚨
Starting August 17th, 2024, all real estate Brokers providing services to a buyer will be REQUIRED to have the buyer execute an Exclusive Buyer Brokerage Agreement before touring any homes.
What is an Exclusive Buyer Brokerage Agreement?
- An Exclusive Buyer Brokerage Agreement is a contract between a real estate Broker and a potential homebuyer. Under the Agreement, the buyer commits to working exclusively with the Broker in their search for a property in exchange for a commission paid by the buyer to the Broker, with certain caveats. In return, the Broker agrees to represent the buyer’s interests, providing professional advice, market insights, and negotiation skills to secure a contract for the buyer.
What does this mean for you? If you’re a BUYER, you will see this form BEFORE we can show you any properties. We will review the buyer brokerage agreement together and discuss any questions or concerns. This form needs to be executed in order to show homes. 🏡
Team Navigation agents have attended training on this update and are prepared to implement and better support our clients! Message any of our agents for more information.
Team Navigation at Homerun Realty