Do I Have to Sign Something in Order to See a House?

Do I Have to Sign Something in Order to See a House?

It is the question we hear most from buyers right now, and it deserves a straight answer.

In most cases, yes. Since the NAR settlement took effect in August 2024, real estate agents are required to have a written agreement with a buyer before touring a home with them. That applies to in-person showings and live virtual tours alike.

Walking into a public open house is different. You can do that without signing anything. But the moment you want a private showing, the agreement comes first.

Why the rule exists

Before the settlement, a buyer’s agent was typically paid through an offer of compensation posted in the MLS, and most buyers never saw it or discussed it. The new rules bring that conversation into the open. Your agent must now spell out, in writing, what services they provide and how they are paid, before you walk through a door.

What this agreement is not

Many buyers hear “sign an agreement” and picture being locked in for a year with a fee they cannot change. That is not what this has to be. These agreements are negotiable. Compensation is not set by law, and you can discuss:

How long the agreement lasts
Whether it covers all homes or specific properties
What the fee is and who pays it, including whether the seller is offering to cover some or all of it
What happens if you are not satisfied with the service

A good agent will walk you through every line before you sign. If yours does not, ask questions or find another agent.

“Can’t I just call the listing agent directly?”

You can. Many buyers try it, thinking it will save money or simplify things. Here is what they do not realize.

The listing agent works for the seller. Their legal duty is to get the seller the best price and the best terms. When you call them directly, you are asking the seller’s representative to help you buy the seller’s home. They cannot advise you on what to offer, they cannot negotiate against their own client, and they cannot tell you where the seller may be flexible.

New York permits one agent to represent both sides in some situations, but only with the informed written consent of both parties, and it limits what that agent can do for either one. It is not the same as having someone in your corner.

And it usually does not save you money. The seller’s price and the seller’s commission arrangement were set before you called. Going without your own agent does not automatically lower what you pay. It just means no one is working solely for you.

What you are really giving up

When you have your own buyer’s agent, you have someone who:

Researches comparable sales so you do not overpay
Negotiates price, repairs, and terms on your behalf
Keeps your budget and motivation confidential
Reviews contracts and flags problems before they become expensive
Coordinates inspections, appraisals, and attorneys
Guides you to the closing table

That is a lot to lose in exchange for avoiding a conversation about paperwork.

The bottom line

Signing a buyer agreement is not a trap. It is the starting point of a professional relationship, and it should be clear, fair, and discussed openly. At Century 21 Elite Realty, we explain every term, answer every question, and make sure you understand exactly how we work before you tour your first home.

Thinking about buying in Rockland, Westchester, or Bergen County? Contact our team and let’s talk through what the process looks like for you, with no pressure and no surprises.

Century 21 Elite Realty | Pearl River, NY and White Plains, NY

Our dedicated buyer team guides you from your first showing to the closing table.