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It is possible to buy a home without a real estate agent, but the vast majority of homebuyers do work with one. Buyers who go it alone may save some money in commissions. However, there are serious downsides and risks to consider.
We do not mandate membership, however, should you elect not to join, your Designated Managing Broker will be assessed a fee for having a non-REALTOR licensee in his/her office. We suggest you speak directly with your Designated Managing Broker about REALTOR membership.
You cannot hire another broker or agent to sell your home during the contract term. The brokerage you sign with gets the exclusive right. You will owe the brokerage a commission if your property sells during the term of the Agreement, no matter who finds the buyer you, the broker, or someone else.
What states currently require buyer representation/agency agreements? Alaska. Arkansas. Georgia. Idaho. Maryland. Minnesota. Missouri. Nebraska.
A listing agreement is a type of real estate contract in which a property owner gives a real estate agent or broker the authority to find a buyer for their property. If you decide to sell your home using a realtor, you will likely be asked to sign a listing agreement.
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Written agreements are required for both in-person and live virtual home tours. You do not need a written agreement if you are just speaking to an agent at an open house or asking them about their services. Agent compensation for home buyers and sellers continues to be fully negotiable.
If you are a buyer and your agent is using an MLS, you will need to sign a written agreement with your agent before touring a home so you understand exactly what services will be provided, and for how much. Written agreements are required for both in-person and live virtual home tours.

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