General Principles Of AgencyAgreement RequirementsEASY
What happens if a buyer refuses to sign a buyer representation agreement?
Correct Answer
B) The agent cannot show MLS-listed properties to that buyer
Without a signed buyer representation agreement, an agent cannot show MLS-listed properties to that buyer. This is a fundamental requirement under the new NAR settlement rules.
Answer Options
A
The agent can still show MLS propertiesB
The agent cannot show MLS-listed properties to that buyerC
The buyer must pay a penalty feeD
The listing agent must represent the buyerVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
buyer-agency-relationshipsmls-access-rulesagency-disclosure-requirements
Key Terms:
buyer representation agreementNAR settlementMLS showing requirementwritten agreementbuyer agency
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