Brooklee Han on NAR’s clarification of buyer broker agreements
HousingWire Daily
Evolution of Buyer Broker Agreements
This chapter explores the changes in buyer broker agreements set by NAR, requiring signed agreements before touring properties and defining 'working with a buyer'. It delves into concerns about dual agency, unrepresented buyers, and the importance of clear compensation standards. The conversation also discusses Zillow's touring agreement challenges and varying reactions to mandatory buyer representation agreements in different states.
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