Understand when the rule applies
Under NAR’s settlement practice changes, covered MLS participants working with a buyer must enter a written agreement before touring a home. Requirements can also depend on state law and the circumstances. Ask the professional to explain what applies to your tour. National Association of REALTORS® ↗
Read the scope, not just the signature line
Discuss the services, geographic scope, duration, exclusivity, compensation and ending the relationship. Compensation is negotiable and is not set by law. An agreement should make the amount or method clear. National Association of REALTORS® ↗
Ask who pays, and what happens if they do not
Have your professional explain the obligations if a seller contributes less than the compensation you agreed to. Ask how seller contributions, lender limits and closing funds interact. Get the answer tied to the actual written agreement before making assumptions about a “free” service.
Keep a copy and a questions list
Note the start and end dates, cancellation provisions and any continuing obligations. Do not sign a document with important blanks. If a clause is unclear or the obligations are disputed, seek independent legal advice. Reading Neo resources or creating a plan does not enter you into representation.
Reviewed September 11, 2026. Education only; your circumstances and written agreements matter.
National Association of REALTORS® · Consumer Guide to Negotiating Written Buyer Agreements ↗National Association of REALTORS® · Written Buyer Agreements 101 ↗