The real estate industry has recently undergone a significant shift. Due to a class-action lawsuit settlement with the National Association of REALTORS®, homebuyers must now have a Written Agreement with a showing agent in place before touring any home for sale. This update aims to improve transparency and make the home-buying process easier to navigate. But how does this new requirement affect you, and how is HomeTraq making it simpler?

New Home Touring Requirements: What You Need to Know

As part of the NAR settlement, every potential homebuyer must agree to a Written Agreement with their agent to tour a home. Here’s what this written agreement must include:

• 📅 Length of Agreement: The agreement must specify a clear, limited timeframe, with no open-ended commitments.
• 💸 Compensation: This can vary—some agents might charge a flat fee, a percentage of total sales price, an hourly rate or no fee.
• ✅ Services Provided: The agreement should outline what services the agent will and won’t provide, ensuring you know what to expect.

While these requirements bring clarity, they can feel a bit restrictive for those wanting to casually tour homes. And while some agents may still require commitments or fees upfront, know that is a refreshingly flexible approach...

HomeTraq’s Home Showing Authorization: Flexibility, Simplicity, and No Pressure

With HomeTraq, we know that seeing a home in person can make all the difference. Our Home Showing Authorization is designed to meet the new requirements while prioritizing flexibility and freedom for buyers. Here’s how HomeTraq makes touring easier:

• 📅 No Commitment: The HomeTraq Home Tour Authorization specifies a single home tour, so you’re never tied into a long-term agreement.
• 💸 No Cost: Unlike others, HomeTraq provides home tours for free and doesn’t involve any commitment to compensation.
• ✅ No Obligation: HomeTraq offers the freedom to explore homes without the pressure of future commitments, allowing you to enjoy a hassle-free, exploratory experience.

This approach ensures that you can freely tour homes without the burden of complex or costly agreements.

How HomeTraq Puts You in Control

HomeTraq was built with your convenience in mind. By integrating the home touring process into your online search, you can easily request tours without the lengthy paperwork or hidden obligations that sometimes accompany the new requirements. Whether you’re serious about buying or simply exploring, you’ll have the freedom to check out properties on your own terms.

Ready to Tour with Confidence?

At HomeTraq, we’re excited to help you navigate these changes with ease. If you’re looking for a home or just exploring your options, take advantage of the flexibility HomeTraq offers and make informed decisions with confidence.

>> Embark on a stress-free journey to find you perfect home