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The Real Estate Services Act introduced written service agreements on January 1, 2022, leading to questions about exclusivity. Exclusivity means a person agrees to receive real estate services from only one brokerage for a set period. MREA service agreement forms do not restrict clients from working with multiple brokerages simultaneously, but this can be negotiated. Brokerage reps must clarify that exclusivity is optional and not legally required. Failure to do so could result in complaints or penalties. If you suspect a client has an existing service agreement, take necessary steps to avoid legal issues.
