August 27, 2024
Starting August 17, 2024, if you are a buyer working with an MLS Participant, you will need to sign a written agreement with your agent before you can tour a home, whether in person or through a live virtual tour.
As a buyer using an MLS, ensure you have this written agreement in place with your agent before visiting any properties. This agreement will clarify the services provided and any associated costs.
If you are only speaking with an agent at an open house or inquiring about their services, a written agreement is not required.
Agent compensation remains negotiable for both buyers and sellers.
When selecting an agent, be sure to ask about their services, compensation, and the details of any required written agreements.
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