The New Buyer Agreement Rule: What Southwest Florida Buyers Need to Know

February 4, 2025 Real Estate Insights
Real estate agent reviewing a new buyer agreement with clients in Southwest Florida

If you’re planning to buy or sell a home in 2025, there’s a new buyer agreement Southwest Florida residents need to understand. As of August 17, 2024, buyers must sign a written agreement with their agent before touring homes. The rule provides protection, sets expectations clearly, and keeps the process moving smoothly for everyone.

Key Takeaways (TL;DR)

  • Since August 2024, buyers must sign an agreement before touring homes.
  • Agreements define services, responsibilities, and compensation upfront.
  • Exclusive agreements cover all purchases, while showing agreements apply to specific homes.
  • Agent fees are negotiable, and commission terms can be part of your offer.
  • Sellers also benefit from clearer, written agreements.

Why the Buyer Agreement Rule Matters in Fort Myers and Beyond

For years, sellers have signed listing agreements to define their relationship with an agent. Now buyers receive the same clarity. With expectations set in writing, you’ll know what your agent provides, how long the agreement lasts, and how compensation is handled.

The result is more trust, fewer misunderstandings, and smoother transactions across Fort Myers, Cape Coral, Estero, and Bonita Springs.

What to Expect in a Buyer Agreement

There are two main types of agreements buyers in Southwest Florida may encounter:

  • Exclusive Buyer Agreement – You work with one agent exclusively for a set period. This ensures your agent is fully dedicated to your goals.
  • Showing Agreement – You work with an agent for a specific home or group of homes, giving you flexibility if you’re not ready for a longer commitment.

Every agreement outlines services, responsibilities, duration, and compensation. With terms defined upfront, buyers can move forward confidently. For more background, see NAR’s Consumer Guide to Written Buyer Agreements.

Want to prepare before signing? Download our Home Buying Guide.

Questions Buyers in Lee County Should Ask Before Signing

  • What services are included in this agreement?
  • How is your compensation structured?
  • How long does the agreement last, and can I cancel if needed?
  • Do you offer both exclusive and non-exclusive options?

An agent who values transparency will take the time to walk through these answers clearly.

What This Means for Sellers in Southwest Florida

Seller agreements have always been standard, but this new emphasis on transparency benefits both sides of the transaction. Your listing agreement should cover:

  • Marketing strategy for your home
  • How showings and offers will be managed
  • Commission details with no surprises

Pro Tip: Effective presentation still matters. Download our Free Staging Guide to make your property stand out.

How Buyer and Seller Agreements Build Trust

When expectations are written down, everyone benefits:

  • No surprises
  • Clear accountability for agents and clients
  • Better communication and smoother closings

The new buyer agreement Southwest Florida buyers must sign creates accountability for agents and confidence for buyers. And if you’re ready to see what’s available now, start browsing homes for sale in Southwest Florida to put your agreement into action.

FAQs About the New Buyer Agreement

When did the new buyer agreement start?

August 17, 2024. Buyers must sign before touring homes with an agent.

Does this apply to open houses?

No. You can still attend open houses without a signed agreement.

Are agent fees negotiable?

Yes. Compensation is not set by law and should be discussed upfront.

Can I change agents if I’ve signed an agreement?

That depends on the agreement. Exclusive agreements commit you to one agent, while showing agreements cover only specific homes.

How does this benefit buyers?

It ensures transparency. You’ll know what your agent provides and how they’re compensated.

Final Thoughts

The new buyer agreement Southwest Florida residents now encounter is about transparency and accountability. With expectations clear and services outlined, buyers and sellers both benefit from smoother, more trustworthy transactions.

Most homeowners feel overwhelmed when it’s time to move. At Worthington Realty, we provide personalized guidance and clear communication so that you feel heard, valued, and confident in your decisions.

Michael Davis

Michael Davis is a co-owner of Worthington Realty, where his mission is to help homeowners feel heard, valued, and confident in their decisions. As a Gallup-Certified Strengths Coach, he also guides business leaders and real estate professionals to lean into their strengths and build lasting trust. Michael leads Worthington Realty’s branding and market analysis, publishing insights that help Southwest Florida buyers, sellers, and investors understand the trends shaping their decisions.

Buying or selling a home can be stressful

Worrying about deals falling through or agents who don’t listen. Serving Southwest Florida since 1989, we help you feel heard, valued, and confident every step of the way.

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