Note: New or revised FAQs are noted with the date added or updated.
Changes in Residential Real Estate—Quickstart FAQ for Consumers
The following questions will help homebuyers and home sellers better understand the recent practice changes in residential real estate and what the changes mean for them. While these are intended to provide an overview, real estate transactions can take many forms. Additional detailed information can be found in subsequent FAQ sections.
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OVERVIEW
FOR HOME SELLERS
FOR HOMEBUYERS
Changes in Residential Real Estate—Detailed FAQ for Real Estate Professionals
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SETTLEMENT OVERVIEW
Key Settlement Details
Who Is Covered
Class Notice
Practice Changes & MLS Information
Effective Date
Written Listing Agreements
Concessions
REPRESENTING BUYERS
Written Buyer Agreements
Anti-Steering
Non-Filtering of Listings
ADDITIONAL SETTLEMENT DETAILS
Transaction Brokerage
These questions are intended to address how the practice changes impact transaction brokerage. Please review all FAQs for how the practice changes impact your specific circ*mstances.
