New Real Estate Compensation Rules: How They Impact Buyers, Sellers, and Agents
Changes to Real Estate Transactions: What You Need to Know As of August 17, 2024, there are new requirements for real estate transactions that could impact your buying or selling experience. Here’s what you need to know to navigate these changes smoothly: What’s New? For Buyers: Written Agreement Required: Before touring homes, either in person or online, you will need to sign a written agreement with your real estate agent if they use the MLS (Multiple Listing Service). This agreement outlines the services the agent will provide and the associated costs. No Agreement Needed for Open Houses: You can still...
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