Understanding the National Association of Realtors Buyer Broker Agreement

Navigating the real estate market can be as tricky as it is exciting, especially when you are on the hunt for your dream home! One of the many documents you will encounter as a buyer is the Buyer Broker Agreement. As the National Association of Realtors legal settlement begins to play out, the buyer broker agreement will become a standard part of the home buying process.

Working with a buyer will no longer look like "dating", but more so like an engagement with full transparency required as to what the agent will do for their buyer and what is expected of the buyer, all spelled out in a legal contract.  It essentially formalizes the commitment of both parties: the broker…

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