Reply to As a buyer, how can I leverage new Realtor commission rules for my benefit?

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Reply to "As a buyer, how can I leverage new Realtor commission rules for my benefit?"

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[quote=Anonymous][quote=Anonymous]Can someone explain the new rules? Bc my understanding was that 1) agents can’t show a home without some form of agreement signed outlining who pays compensation (even if it’s short time); and 2) sellers don’t have to pay buyer agent compensation; buyers can ask for them to pay it in their offer, but it’s not automatically assumed sellers pay both.

So if you are unrepresented and call the listing agent don’t they then ask you to sign an agreement and are thus a double agent? EILIF[/quote]

They may have you sign a disclosure of brokerage relationship form before showing - that doesn’t create an agency relationship. The purpose is to notify you that the agent represents the seller only (and that everything you do or say will be used against you by the agent and seller.)

The form is actually required in most cases when the listing agent shows the home to unrepresented buyers. Most agents don’t have you sign it, but they are supposed to email/give it to you when you meet.[/quote]

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