VIRTUAL ONLY | Fair Play: Representation & Compensation Conversations
Since the 1990s, buyer agency has provided a crucial service to homebuyers, giving them the option to have fair and equal access to representation in the transaction. In our ever-changing real estate landscape, the value of buyer representation is being challenged, as compensation offers are now moved off the MLS, buyer agreements are mandatory, and real estate agents are questioning not only how to continue to serve their buyer clients but also how they will be paid for their work. In this session, we’ll delve into the pivotal role of buyer representation in real estate transactions, particularly focusing on its significance for first-time and first-generation homebuyers while also considering fair housing implications and possible ethics pitfalls. Navigating the real estate market can be a daunting task, especially for those entering the realm of homeownership for the first time or coming from backgrounds with limited exposure to the process. This class aims to empower real estate professionals with the knowledge and tools necessary to effectively represent and advocate for these crucial demographics while ensuring fair housing practices are upheld.
3 hours civil rights credit, satisfies NAR’s 2-hour Fair Housing Training Requirement.