Questions and Answers about written Buyer Agreements from NAR Consumers

Why am I being asked to sign a written Buyer Agreement?

If you’re a homebuyer working with an agent who is a REALTOR®, it means you are working with a professional who is ethically obligated to act in your best interest. As of August 17, 2024 (1st of August in Metro Phoenix), you will be asked to sign a written buyer agreement after you’ve chosen the professional you want to work with.

1. What is a “written buyer agreement?” What does it do?
2. Why am I being asked to sign an agreement?
3. Are these agreements new?
4. What parts of this agreement are negotiable?
5. How do I benefit from these agreements and how do I find out more about buyer agreements?
6. When do I need to sign an agreement?
7. Does this mean I have to pay my real estate professional out of pocket?
8. Do agreements dictate a specific type of relationship I need to have with my real estate professional?
9. Can I change or exit an agreement?

📆 Please schedule a meeting with me to learn more and discuss any concerns you may have about buying and selling residential real estate in the Valley of the Sun (Metro Phoenix).

☎️ Mobile 602-517-4463
📧 Mail@JasonPetersonRealtor.com
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