In the real estate process, the buyer’s representation agreement is not just a formality; it’s a safeguard for both the buyer and the REALTOR®. This crucial document outlines the responsibilities of your agent and protects your interests as a buyer. If you’ve been working with an agent since August 17 and haven’t signed this agreement, you’re not only putting them at risk of serious penalties but also jeopardizing your own position in the buying process.
Moreover, a comprehensive buyer consultation and a clear understanding of your budget through a sit-down with a lender are essential steps before you start shopping for a home. These steps ensure that you are fully informed and prepared fo...