No-Hook Buyer Agreement & Competition

Wildly expanding on what is likely a simple concept

In my last post, I wrote that in the long run, buyer agents are likely to go to a “No-hook” agreement:

The no-obligation agreements mean both the showing agreement — which is required only by the NAR settlement to cover the agent’s rear for showing a home — and the actual buyer agreement that spells out compensation methods and amounts.

The current agreem…