Adams Realty Has Your Guide to Understanding Buyer Agency Agreements in Mid-MO 

Earlier this year, significant changes were made within the National Association of Realtors (NAR). Now, home buyers must sign a contract with a realtor before they can tour a home. What once was a state-by-state practice is now mandated across the country, and it is essential for mid-Missouri homeowners to understand the buyer-realtor relationship. If you’re searching to buy a home in 2025, our realtors can give you the overview you need and the service you can depend on in the real estate market. 

Why is it important to sign this contract with your mid-Missouri realtor?

The new mandate is intended to communicate a clear plan between a home buyer and their realtor and ensure that the latter is fairly compensated for their help. Typically, realtors in central Missouri have earned commissions based on a percentage of the final sale price of a home. By signing a buyer agency agreement, you and your realtor will both be informed on crucial elements of the transaction like how much they are getting paid, where the compensation will be sourced, and more. If you have any other questions about real estate contracts, Adams Realty is always readily available.

What is covered in your buyer agency agreement before looking at homes in central Missouri?

This contract is important because it covers everything you need to know about the realtor you’re working with. Your agreement with your mid-Missouri realtor will include the length of the term, compensation, preferences in the home you want, and other key points in the dynamic. A buyer agency contract will also anticipate what happens if either party decides to end the agreement, preventing any legal issues from occurring in the future. 

Your financial options when signing a realtor contract in mid-Missouri

Many fees come with buying a home in central Missouri, and adding a realtor’s commission to the mix can be overwhelming for some. Luckily, home buyers have several options to choose from, including letting the seller pay for their commission. If the person selling doesn’t want to go this route, you can make adjustments by offering to pay more for the home, paying the realtor with money directly from savings, or reducing your down payment to open up funds for the commission. 

Our Realtors Are Experienced & Committed to the Centralia, MO Community. Reach Out Today & Start a Contract to Find Your New Home! 

Whether you’re signing a buyer’s contract with one of our realtors or selling your current home, Adams Realty will focus on all your real estate interests and advocate to earn you the best deal. For more than 40 years, our team in mid-Missouri has worked on real estate agent agreements and negotiated with other realtors. Call today and start searching for your dream home in the Centralia, MO area!