The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny.
Source: Inman News
Buyer agency contracts riddled with ‘unfair’ terms, CFA declares
Published in Agent, brobeck, Brokerage, buyer agency agreements, buyer agency contracts, buyer representation agreements, cfa, consumer federation of america, national association of realtors, Select and Stephen Brobeck
More from AgentMore posts in Agent »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- 5 reasons your plumber is quietly richer than you
More from brobeckMore posts in brobeck »
- Low-fee brokers can offer quality, full service for less: Watchdog
- It’s not over yet: Where real estate antitrust litigation is going in 2025
- Consumer watchdog advises buyers to pay agents ‘2% or less’
- Consumer watchdog develops new standard to assess buyer contracts
- NAR breaks silence on DOJ call to decouple commissions
More from BrokerageMore posts in Brokerage »
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- The urgency trap: Are you training clients to ignore your boundaries?
- Learning to lead: 5 practices that help moms thrive in real estate
More from buyer agency agreementsMore posts in buyer agency agreements »
- One year later, 5 agents look at how buyer agent compensation changes have reshaped real estate
- Agents’ iron commission grip slips slowly in spring: Intel Index survey
- Highnote launches AI-powered buyer presentation system
- Commercial deals offer a new post-Sitzer compensation model
- Sitzer litigation: What agents need to hear from you now
More from buyer agency contractsMore posts in buyer agency contracts »
More from buyer representation agreementsMore posts in buyer representation agreements »
- Putting it all together: The complete guide to working with athletes and celebrities
- How an agent becomes ‘the chosen one’ for celebrities and athletes
- Fed: Requiring buyer agreements has no effect on commissions
- Delayed Marketing Exempt Listings vs. portals: Who’s right?
- Realty Texas app update includes buyer representation experience
More from cfaMore posts in cfa »
- New forms aim to sidestep NAR settlement, law professor warns
- Can you survive the squeeze from 2% commissions? The Download
- Consumer watchdog advises buyers to pay agents ‘2% or less’
- Consumer watchdog holds up new eXp seller contract as model
- Consumer watchdog develops new standard to assess buyer contracts
More from consumer federation of americaMore posts in consumer federation of america »
- New Fannie, Freddie housing goals may hurt working families
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Court denies CFPB’s request to vacate fair lending settlement
- Groups slam CFPB’s bid to undo fair lending settlement as ‘dangerous’
- State Farm seeks double-digit rate hike in California in wake of LA fires
More from national association of realtorsMore posts in national association of realtors »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- Don’t merge Fannie and Freddie, says their biggest investor
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Realtors reject proposal to require disclosure of more referral fees
More from SelectMore posts in Select »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
More from Stephen BrobeckMore posts in Stephen Brobeck »
- It’s ‘difficult’ for buyers ‘to negotiate lower commission rates,’ watchdog says
- Low-fee brokers can offer quality, full service for less: Watchdog
- Private listings negatively impact both buyers and sellers: Watchdog
- Zillow and Redfin listing ban FAQ: What you need to know now
- Give us your hot take on the new Zillow, Redfin listing rules: Pulse
Be First to Comment