What to Know About the Buyer Representation Agreement

As of July 1, 2024 the NAR (National Association of Realtors) and IAR (Iowa Association of Realtors) put into state law that anyone who wanted to buy a home in the state of Iowa with a REALTOR® must enter a Buyer Representation Agreement with their REALTOR®. The Buyer Representation Agreement ensures that the REALTOR® will act in the best interest of the buyer throughout the home-buying process, providing them with dedicated support, expertise, and advocacy. This agreement must be signed, in person or electronically, by both parties before looking at any homes or properties. By signing this agreement, you will be assured that your REALTOR® is committed to helping you find the right property and negotiate favorable terms, while also establishing clear expectations and responsibilities for both parties.

We encourage buyers to connect with your REALTOR® for any questions or schedule a time to go through the agreement.