Stay ahead with these important updates on buyer agreements.
Are you prepared to see the upcoming changes in the Buyer Agreement forms? Effective August 14, significant updates will come into play that you must know. These include important addendums and new compensation form requirements. Staying on top of these changes is essential for a smooth transition. Learn all the details you need to know in this article.
New forms must be signed by August 14. This includes addendums for your buyer-tenant representation agreement and your listing agreement. Ensuring that these forms are completed and signed by the deadline is crucial to stay compliant with the new regulations.
“Effective August 14, significant updates will come into play that you must know.”
You’ll also need to have compensation forms ready and be prepared to provide details on compensation if asked. It’s important to note that starting August 14, compensation details will no longer be available in the MLS. Make sure you’re equipped with the necessary forms and information to handle any inquiries regarding compensation.
Stay updated by watching for changes coming through SABERS and MLS, and make sure to follow their emails for updates, including any seller concession changes. You’ll need to be prepared for these changes to ensure a smooth transition. If you have any questions, feel free to call at 210-305-5665.
