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Real Estate
Reply to "New rules: buying without an agent"
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[quote=Anonymous][quote=Anonymous]What will probably happen is that the seller-agent agreement will spell out the conditions under which unrepresented buyers will be shown the home: either at the open house OR upon furnishing proof of funds/lender pre-approval letter. [b]Maybe seller agencies will hire college students to just do lockbox duty at the cost of $20/hour for 4-5 hours per day using e-bikes. The sellers' agent doesn't need to show homes - they just need someone to chaperone potential buyers into and out of homes.[/b] [/quote] You'd need to change the model for this to work. As of now, only licensed agents have access to lockboxes. This is to protect sellers by making sure that persons with access to their house have a minimum level of background screening.[/quote]
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