Why am I being asked to sign a Buyers Agreement?
Open Houses And Written Agreements
NAR released the next two resources in their new “Consumer Guide” series, which cover the following topics:
- Open Houses and Written Agreements: Defines key terms under the settlement in consumer-friendly language and helps to explain when agents are required to enter into written agreements with buyers and when they are not.
- REALTORS’® Duty to Put Client Interests Above Their Own: Explains what it means for a REALTOR® to act in their client’s best interest and describes how the practice changes combat unlawful steering practices.
Designed to be given directly to inquiring buyers, these resources are part of NAR’s ongoing campaign to help our members bring clarity to the practice changes for consumers. Both guides are available for download on facts.realtor. As a reminder, the first installment in this series was an overview of written agreements, which can be found here.
