The Greater Capital Association of Realtors (GCAAR) recently introduced procedures to follow when a buyer or seller wants to terminate their relationship with the agent. Previously, the seller and agent would have already agreed upfront on an amount the seller would reimburse the agent for advertising and other expenses before they parted ways. The same procedure was used for buyers wishing to end their relationship with the agent.
In a feature by The Washington Post, Matt Alegi discusses his concerns for how the new procedures may impact brokers, agents and consumers. Read the full article here.
Matt Alegi leads Shulman Rogers’ Residential Real Estate Settlements Practice. While his legal practice spans a wide range of real estate and finance related areas, Matt primarily concentrates on representing buyers, sellers, and lenders in the acquisition, sale and financing of real estate. He regularly represents title insurers and insureds regarding complex real estate title disputes and title insurance claims.
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