Henri Gourd 914-954-3897 henrigourd@bhhsne.com d and agi e terms and conditions. Signature If you are a regular reader of this column, you have heard a lot about the NAR lawsuit and the new rules that recently went into effect. While not a new rule, one of the stated terms in the settlement is the requirement that agents representing buyers and tenants must have a written agreement in place before they visit a property. This can seem heavy handed on the first meeting but it is the law. In Connecticut, the agreement is either a contract between the buyer (or tenant) and their broker outlining the terms of representation, or it is a form that says the buyer wishes to remain unrepresented. In the case of a buyer/broker agreement, the buyer commits to paying her agent a professional service fee; if the buyer is unrepresented, there is no such commitment and the broker must consider other options if he wants to be paid. For buyers who may not want to commit to such an exclusive arrangement with someone they barely know, the terms of the buyer/ broker agreement may be tailored to reflect a single property or a short (single day) timeline. Should trust and relationship develop, the terms of the agreement may be expanded. BERKSHIRE HATHAWAY HomeServices New England Properties Selling it all, from cottages to castles! Henri Gourd 914-954-3897 henrigourd@bhhsne.com d and agi e terms and conditions . Signature If you are a regular reader of this column , you have heard a lot about the NAR lawsuit and the new rules that recently went into effect . While not a new rule , one of the stated terms in the settlement is the requirement that agents representing buyers and tenants must have a written agreement in place before they visit a property . This can seem heavy handed on the first meeting but it is the law . In Connecticut , the agreement is either a contract between the buyer ( or tenant ) and their broker outlining the terms of representation , or it is a form that says the buyer wishes to remain unrepresented . In the case of a buyer / broker agreement , the buyer commits to paying her agent a professional service fee ; if the buyer is unrepresented , there is no such commitment and the broker must consider other options if he wants to be paid . For buyers who may not want to commit to such an exclusive arrangement with someone they barely know , the terms of the buyer / broker agreement may be tailored to reflect a single property or a short ( single day ) timeline . Should trust and relationship develop , the terms of the agreement may be expanded . BERKSHIRE HATHAWAY HomeServices New England Properties Selling it all , from cottages to castles !