A new law now requires buyer agreements—but what does this actually change? Spoiler: For honest agents and savvy buyers, not much. Here’s what you need to know.
In this post, we’ll break down:
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What buyer agreements really are (and aren’t)
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Why this law targets bad agents, not good ones
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How this affects your home search
The Truth About Buyer Agreements
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They’ve Always Existed
Ethical agents have used them for years. It simply states:-
The agent’s role (not a lender/inspector)
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Compensation terms (usually $0 from you)
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The $0 Secret
In 99% of cases, the seller still pays both agents. The agreement just makes this transparent upfront. -
The Scare Tactic
Bad actors claiming "buyers must now pay agents" are lying. The system hasn’t changed—only accountability has.
Why This Law Exists
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To Stop Steering
Some agents hid fees or refused to show homes with lower commissions. Now, everything’s disclosed. -
To Kill Bait-and-Switch
Big portals (like Zillow) can’t trick you into using their agents when you already have one. -
To Protect You
No more surprises about who represents whom—or who gets paid what.
What Smart Buyers Should Do
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Read Before Signing
Look for:-
Clear compensation terms ($0 due from you)
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Cancellation clauses
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Service expectations
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Ask the Hard Questions
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"Will you show me ALL homes in my budget?"
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"What happens if the seller won’t pay your fee?"
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Work With Relationship Agents
This law rewards agents who educate clients—not those who rely on tricks.
Watch the Full Explanation
See these changes broken down simply:
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