In Maryland and a handful of other states, real estate agents are prohibited from representing both the buyer and the seller in a deal. The settlement largely focuses on states where agents are able to represent both sides, but it will still bring some changes to the local market.
Ultimately, communication and negotiation will be more transparent, and sellers will have more leeway over the options they’d like the agent to take care of on their behalf.
Even if you aren’t ready to buy or sell, you can meet with an agent to ask any questions about what the new rules mean for Marylanders, or to prepare for buying or purchasing down the road. If you have questions, I want to answer them!
