Going to an open house? Now you might have to fill out a form, per new homebuying rules
Briefly

from www.mercurynews.com5 months ago
The new rules about open house processes entail that visitors must disclose whether they have representation and acknowledge that the hosting agent does not represent them.
www.mercurynews.comhttps://www.mercurynews.com/2024/08/17/going-to-an-open-house-now-you-might-have-to-fill-out-a-form-per-new-homebuying-rules/
Under new regulations, buyers must now negotiate their commission with their agents and sign a contract prior to viewing a property—significantly changing the traditional buying process.
www.mercurynews.comhttps://www.mercurynews.com/2024/08/17/going-to-an-open-house-now-you-might-have-to-fill-out-a-form-per-new-homebuying-rules/
If a seller offers to cover the buyer's agent's fees, they cannot include this information in the official property listing, which can affect buyers' expectations.
www.mercurynews.comhttps://www.mercurynews.com/2024/08/17/going-to-an-open-house-now-you-might-have-to-fill-out-a-form-per-new-homebuying-rules/
Real estate companies will establish their own policies regarding non-signing visitors at open houses, leading to variations in how access to open houses will be handled.
www.mercurynews.comhttps://www.mercurynews.com/2024/08/17/going-to-an-open-house-now-you-might-have-to-fill-out-a-form-per-new-homebuying-rules/
Read at www.mercurynews.com
#real-estate #housing-market #commissions #open-houses #buyer-representation
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