Real estate agents across the country are turning to their colleagues in Washington State to gain a better understanding of mandatory buyer representation agreements. These agreements, also known as buyer-broker agreements, outline the legal obligations and responsibilities of both the buyer and the real estate agent during a transaction. By looking to Washington State as an example, agents can learn how these agreements protect both parties and ensure a smooth and transparent home buying process.
Key elements of mandatory buyer representation agreements in Washington State include:
– Legal obligations and responsibilities of both the buyer and the real estate agent
– Protection for both parties during a transaction
– Ensuring a smooth and transparent home buying process
You can read this full article at: https://www.housingwire.com/articles/washington-state-could-provide-guidance-for-others-on-buyer-broker-agreements/(subscription required)
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