*Updated* Buyer Agency Agreement
The New Hampshire Association of REALTORS has updated their Buyer Agency agreement to reflect the recent New Hampshire real estate commission rule changes on Dual Agency. I covered these changes in my blog post Dual Agency Alive and well in NH if you need an update on the changes.
This link to the sample new form Exclusive Buyer Agency Agreement is in PDF format and the changes are highlighted for easy reading.
The important thing to remember is that the section (7) on Disclosed Dual Agency form was expanded and an opt in or out was added for buyer to consent or deny consent for dual agency showings with a separate dated signature line or a box for agency to check if they do not practice dual agency as required per rule changes [404.04(c), 701.01(f)(2)].
Also added to section 8 was a statement to reflect the changes to the Code of Ethics Standard of Practice 1-13 reflecting the sellers ability to potentially disclose terms of an offer to competing buyers.
www.monikamcgillicuddytrainer.com
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