There is a lot of buzz out there about the new buyer rules due to the N.A.R. class action lawsuit.
The changes are actually pretty straight-forward and simple. Going forward, buyer-agent relationships will be more like seller-agent agreements, with a written contract outlining the key aspects of your partnership:
• Fiduciary duties (we commit to put your interests first)
• Exclusivity terms (we commit to working together)
• Compensation (we clearly establish how we’re paid)
If you have any questions about the new rules, do not hesitate to reach out.