New Law Alert for Homebuyers: Why You Need to Sign a Buyer’s Agency Agreement Before Touring Homes

The real estate process is always evolving, and there's a recent change every homebuyer needs to know about. Under the new law, you must sign a Buyer’s Agency Agreement with a Realtor before they can show you any homes.

Previously, buyers could easily call up an agent to schedule a showing, with little to no paperwork involved. However, the landscape has shifted. Now, to walk through any property with an agent, you'll need to sign this agreement first. While some Realtors still required this step or a pre-approval beforehand, it’s now mandatory across the board.

So, what does this mean for you? Signing a Buyer’s Agency Agreement ensures you're working directly with a Realtor, and they’re formally representing your interests throughout the buying process. This change brings clarity, as the agent is now committed to guiding you through every stage of your home search.

While it may seem like an extra step, it's a simple and important one. By ensuring you have a signed agreement, both you and the agent know where you stand, allowing for smoother communication and a more efficient home-buying experience.

Don’t forget this crucial step before scheduling your next showing! Stay ahead of the game and make sure everything is in order before you start touring homes.