Vanessa Saunders MBA MIMC - THE COMPLETE GUIDE TO BUYING A HOME

Buyer Agency Agreements: A Necessary Evil

Thanks to recent legal battles like the Sitzer/Burnett case vs. NAR, Buyer Agency Agreements are now the norm. These contracts outline your agent’s responsibilities, how they’re compensated, and—critically—that they’re working for YOU, not the seller.

But before you sign one, ask these questions:

1. What services will you provide me? If they can’t articulate their value beyond “showing houses,” run. 2. What happens if the seller isn’t offering compensation? Make sure they’re clear about how they’ll handle this—because you don’t want surprises later. 3. Can I terminate the agreement? If the partnership isn’t working, you need an exit strategy. 4. Do you use technology like blockchain to ensure transparency in offers and negotiations? If they say no, ask why not.

The Case Against Going Direct to the Listing Agent

I get it. You’re frustrated. The listing agent is blocking your showings, and you just want to see the house already. But going directly to the listing agent is like trusting a fox to guard the henhouse.

Here’s why:

1. They Represent the Seller: Their job is to get the best deal for the seller, not you. Don’t expect them to advocate for your interests. 2. Lack of Transparency: Without technology to ensure fairness, you’re left wondering if your offer was even