But we’re getting closer…
Today with a standing room only crowd the New Hampshire Association of REALTORS board of directors voted to pass the recommended proposed Designated Agency legislation with some added language presented by the Exclusive Buyer agents. The language added appears in Italics below.
XII. Dual agency does not occur in firms that represent buyers only who have appointed designated buyers’ agents, or firms that represent sellers only who have appointed designated sellers’ agents within the firm.
It passed with hardly a whimper as a jammed room of state directors and visitors alike listened to a brief presentation and then cast a vote.
They cast a vote for all of us today and most importantly for the public. The consumer will finally, if this passes through legislation, get the representation they deserve!
How sweet it will be!
Caution…You Can Not act as a Designated Agent yet….If and I do mean If we get through the legislation process we’re looking at maybe 2009 before it becomes law! So Please don’t think you can do it now!
I’ll keep you updated as we go along. Feel free to post a comment or a question and I’ll do my best to get you the answer.
Read more here …What is Designated Agency?
Draft Copy of Proposed Designated Agency Legislation. Without the new language to XII added.
Designated Agency and Facilitation in NH
Till later
About Monika McGillicuddy