Find out how NAR settlement updates impact your buying process.
Have you heard about the recent NAR settlement changes and their impact on homebuyers? Beginning in August, if you’re planning to tour a home, you’ll need to sign an agreement with a real estate agent that outlines agency relationships and how compensation works. This might sound a bit intimidating at first, but it’s designed to ensure transparency between you and your agent.
“When you tour a home with us, you’ll sign an open agency agreement that’s valid for just one day.”
However, don’t let this new requirement cause unnecessary concern. It’s important to understand that this agreement doesn’t lock you into a long-term commitment or force you to pay a commission if you’re just starting out with an agent.
When you tour a home with us, you’ll sign an open agency agreement that’s valid for just one day. This allows us to show you the property, explain how agency and compensation work, and then let you decide if you want to continue working with us. We believe in a pressure-free experience, so if you prefer to explore other options or agents after the tour, that’s completely your choice.
Our goal is to ensure you find the right home and feel comfortable throughout the buying process. If you have any questions about the NAR settlement or anything related to buying or selling a home, feel free to reach out. For more information or to get in touch, call us at (704) 777-8090.
