Buyers Can Finally Negotiate What Their Agent Will Be Paid - And It’s Good For Everyone
For years, working with a buyer's agent often resembled a handshake agreement. It was based on trust, hoping it would lead to a successful transaction. However, this approach had its shortcomings. Buyers had limited insight into how their agent got paid, which could raise concerns.
Enter Buyer Agency Agreements, a significant shift reshaping real estate transactions. They offer clear advantages to both buyers and agents, increasing commitment and transparency. Buyer Agency Agreements now clearly state the terms of the agent's compensation, bringing more clarity to the process.