@@elizabethmedler3876 Great question!! If you mean by exploratory….a buyer who wants to view a listed property for informational purposes, but not necessarily have a committed engagement with the showing agent….then the NAR rules could be followed by entering into a simple non-representation agreement (ie, a “touring agreement,” for instance). This would satisfy NAR, but also keep things light and easy for the buyer/consumer. The goal isn’t to create a burden…it’s to create transparency and optionality! Email me at chip@collinsgrouprealty.com if you’d like to see a sample of a Touring Agreement.
@@elizabethmedler3876 Great question!! If you mean by exploratory….a buyer who wants to view a listed property for informational purposes, but not necessarily have a committed engagement with the showing agent….then the NAR rules could be followed by entering into a simple non-representation agreement (ie, a “touring agreement,” for instance). This would satisfy NAR, but also keep things light and easy for the buyer/consumer. The goal isn’t to create a burden…it’s to create transparency and optionality! Email me at chip@collinsgrouprealty.com if you’d like to see a sample of a Touring Agreement.
Will this kill Open Houses? Sometimes I’m just curious but not buying. If I have to sign an agreement just to walk in - it won’t happen. The agent will contact me and annoy me.
@@kevins9281 Great question, and GOOD NEWS! NAR has clarified that open house attendees do NOT need to sign a written agreement to view that property in person. They state that the open house agent/attendee is present on behalf of the SELLER, and simply doing their job to market the property to buyer prospects. Phew!!! 🙏💪
How are exploratory visits handled with this new change?
@@elizabethmedler3876 Great question!! If you mean by exploratory….a buyer who wants to view a listed property for informational purposes, but not necessarily have a committed engagement with the showing agent….then the NAR rules could be followed by entering into a simple non-representation agreement (ie, a “touring agreement,” for instance). This would satisfy NAR, but also keep things light and easy for the buyer/consumer. The goal isn’t to create a burden…it’s to create transparency and optionality! Email me at chip@collinsgrouprealty.com if you’d like to see a sample of a Touring Agreement.
@@elizabethmedler3876 Great question!! If you mean by exploratory….a buyer who wants to view a listed property for informational purposes, but not necessarily have a committed engagement with the showing agent….then the NAR rules could be followed by entering into a simple non-representation agreement (ie, a “touring agreement,” for instance). This would satisfy NAR, but also keep things light and easy for the buyer/consumer. The goal isn’t to create a burden…it’s to create transparency and optionality! Email me at chip@collinsgrouprealty.com if you’d like to see a sample of a Touring Agreement.
Will this kill Open Houses? Sometimes I’m just curious but not buying. If I have to sign an agreement just to walk in - it won’t happen. The agent will contact me and annoy me.
@@kevins9281
Great question, and GOOD NEWS! NAR has clarified that open house attendees do NOT need to sign a written agreement to view that property in person. They state that the open house agent/attendee is present on behalf of the SELLER, and simply doing their job to market the property to buyer prospects. Phew!!! 🙏💪