Working With a Buyer's Agent on Maui
Posted by Evan Harlow R(S) 82003 on
Working With a Buyer's Agent on Maui
The process of buying a property on Maui, or anywhere else in the United States, is getting a new wrinkle this August, a mandatory buyer representation agreement. Due to the recent NAR settlement, buyer representation agreements are now a required part of the process of purchasing real estate with an agent.
There are many misconceptions out there about how this will work in practice. It's actually pretty simple and may be a good thing for the business, keep reading to learn more.
What's a Buyer's Representation Agreement?
Buyer representation agreements aren’t a new document. They have previously existed as an optional part of the process for agents and buyers, they just weren’t a required part of the…
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