The National Association of REALTORS®, along with many states including Indiana, effective July 1,2024, now require A Wriiten Contract Between A Buyer and a Buyer's Agent
Before agents can show buyers any property, the potential buyer must already be under contract with the agent who is showing the buyers a property.
Along with the Agent's Responsibilities, this contract must include a predictable and fixed amount of compensation that the agent will receive for representing this buyer in the purchase of a property.The amount of this compensation can not change, regardless of any amount paid by the buyer or the seller, without an amendment signed by both the seller and the buyer.
Because Of This Agreement, A Buyer Can Ask The Seller To Pay Their Buyer Agent Commissions As Part Of Any Offer!
The only time a buyer can be shown a property, and not already under be under contract with the showing agent, is when the agent is representing ONLY the sellers, like during an open house.