Real Estate Brokerage

REQUIRED BUYER AGENCY CONTRACTS: IMPACTS ON HOME BUYERS

The Consumer Federation of America released a report examining the increasing use of buyer agency contracts in real estate transactions. It explores how these contracts impact home buyers, highlighting trends such as the rising industry interest due to class action litigation and state requirements. The report discusses specific contract elements, unfair provisions, and recommendations for consumers.  It offers detailed insights into the complexities and implications of these contracts, urging closer scrutiny and reform to better serve home buyers.