ZIllow is getting creative with this buyer-agent tour agreement. The NAR settlement does not address home search portals, but Zillow wants to make it easier for buyers to try out an agent in a way that aligns with new rules. ZIllow is getting creative with this buyer-agent tour agreement.
Zillow isn't obligated to provide consumer-facing agreements following the proposed NAR settlement; however, we see this as a chance to offer tools that help the industry meet these requirements with the consumer's interests in mind. We understand that the specifics of these agreements will differ from state to state, but we encourage the industry to adopt a non-exclusive, short-term agreement for initial tours conducted by an agent with a potential buyer.
The Importance of Buyer Agreements
Buyer agreements are essential because they clearly define the services an agent will provide to a client. Imposing a long-term exclusive agreement with one professional from the outset can detract from the consumer’s experience, as it limits their ability to meet and evaluate multiple agents or to take sufficient time before deciding to commit to one. In simpler terms, most people prefer to explore their options before deciding to commit exclusively.
Links I Used
Agreement: https://bit.ly/3UD1Jhl
Zillow Blog: https://www.zillowgroup.com/news/zill...
NAR Settlement FAQ: https://www.nar.realtor/the-facts/nar...
----------------------------------
😉 Let's Connect!
Facebook: / iamtristanahumada
Instagram: / tristan.ahumada
Linkedin: / tristanahumada
Twitter: / tristanahumada1
Tiktok: https://www.tiktok.com/@tristan.ahuma...
Pinterest: / tristanahumada
#ZillowUpdates #BuyerAgentAgreement #narsettlement #realestateinnovation #realestateindustry
Watch video Zillow offering 7-day ‘touring agreement’ for agents. online, duration hours minute second in high quality that is uploaded to the channel Tristan Ahumada 01 January 1970. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 12,274 times and liked it 231 visitors.