August 26, 2024
CHANGES TO DC HOME TOURING
The NAR Settlement Changed More Than Compensation Rules What DC Home Buyers Should Know About Touring, Open Houses & ‘Ministerial Acts’ DC Metro home buyers entering or re-entering the market this fall will find that mortgage interest rate cuts and broker compensation mandates aren’t the only changes they’ll encounter in the home purchase process for the foreseeable future. New rules for touring homes are now in place, visiting open houses may feel different, and the options for ministerial acts agents may provide to unrepresented buyers may become increasingly limited. That’s on top of the already-discussed ad nauseam changes to buyer
