3-hour Buyers Agency: How We Got Here & New Requirements (ME)

The real estate industry  has undergone significant transformations, particularly related to buyer representation. The common misconception has been that real estate commissions have always been neatly split between seller’s and buyer’s agents and paid by the seller. That’s how it’s always been, right? Well, not anymore. Due to recent developments as a result of National Association of Realtors® lawsuits and inputs from the Department of Justice, this model is changing. These changes are reshaping the way that buyers are represented by agents and commissions are paid, and now more than ever, agents need to be prepared to shift. This course starts by outlining general agency topics to provide the foundation. Then, be prepared to shift. This course starts by outlining general agency topics to provide the foundation. Then, it moves on to covering the recent NAR lawsuits and resulting changes to the industry. To wrap up the course, students will explore what the future might look like and how licensees can not only survive but thrive in this new environment.