I believe that sending an email to the listing agent stating that your client is going to see their property can constitute "procuring agent" in the event that they sideline you on a deal...
I believe NAR settlement made it mandatory for all buyer agreements to include a statement that MLS Participants may not receive compensation from any source that exceeds the amount or rate agreed to with the buyer; Disclose in conspicuous language that broker commissions are not set by law and are fully negotiable; and I think these might be missing in the agreement.
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I believe that sending an email to the listing agent stating that your client is going to see their property can constitute "procuring agent" in the event that they sideline you on a deal...
That will definitely serve as evidence.
I believe NAR settlement made it mandatory for all buyer agreements to include a statement that MLS Participants may not receive compensation from any source that exceeds the amount or rate agreed to with the buyer;
Disclose in conspicuous language that broker commissions are not set by law and are fully negotiable; and I think these might be missing in the agreement.
This form is exempt for the terms of the NAR settlement and intended for independent real estate agents.
Hi, could you please tell me where should I print out the buyer representative agent Form? Because I can't print out from here. Thanks
openhometeam.com/wp-content/uploads/2024/03/507-Buyer-Representation-Agreement-Not-Fillable.pdf
And the terms of the NAR settlement hasn't even been court-approved yet?
We’ve had this form forever ? Is this actually new to anyone
Never versions have been coming out due to NAR settlement
@@OpenHometeam would you mind updating this with the newer version?
Warning never sign an agreement to pay a buyer agent commision without your attorneys approval!
That sounds extreme.