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Our agent says
A Realtor may not submit an offer for you without a signed Buyer Agency Agreement. Is that correct statement? Thanks |
| Nope. Find a new agent asap this one's a liar. |
Thanks! What about this webpage? https://www.screaltors.org/nar-18-states-require-written-buyer-agency-agreements-2/ |
| You can make it just for that specific offer on that specific listing. |
| No. Do not use that agent. |
Thanks for the suggestion. That makes sense but not directly related to my question .
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Thanks! |
What do you mean "our agent"? If you don't have a signed agency agreement, how is that person *your* agent? https://www.mdrealtor.org/Legal-Resources/Frequently-Asked-Questions#:~:text=Answer%3A%20No.,530(a)(2). https://www.mdrealtor.org/Portals/0/adam/Content/zQqLmRTjx0O627gO98GNJQ/Link/FINAL-Brokerage-Chart-Web.pdf https://law.justia.com/codes/maryland/2013/article-gbo/section-17-530/ |
Thank you. A Realtor in MD may not submit an offer for you without a signed Buyer Agency Agreement. Is that correct statement? Thanks |
I think this might be true on that you need to indicate they can act for you on this transaction. Are you wanting to not use an agent? |
I want to use an agent. Is there any legal document supporting your thought? As I searched online, there are many people who bought a property without signing such an agreement. I understand that it depends on the state. I cannot find a definite yes/no answer to my question. |
| It's absolutely a true statement. The vast majority of people on this site have no idea what they are talking about. |
What does "is there any legal document supporting your thought" mean? DP, but agency principle law is pretty clear that there needs to be a basis for someone to act as an agent on behalf of the principle. I have no knowledge of the specific form in question, but I can tell you that there needs to be an agreement in place. |
| I bought a house in Bethesda about 10 years ago without a buyer's agent (no buyer agency agreement). There wasn't any issues at all. Don't understand why it would be different today, especially after the new ruling. |
Why can you tell somebody something even if you have no knowledge of that? |