ShowingTime Buyer Agreement Reminder
We are writing to inform you of a new ShowingTime feature to help you navigate industry changes. A new NAR rule will require agents to have a written agreement in place with home shoppers before any showings. To help remind you of this requirement, ShowingTime will display a message during the showing scheduling process in Paragon beginning on 8/15/2024.
How does it work?
- When you are scheduling a tour in ShowingTime, a message will pop up to remind you about the requirement to have a written buyer agreement in place before any showings. You will be asked to confirm you have read this reminder in order to receive showing instructions.
- If you decline to confirm you have read this reminder and wish to talk to a member of our MLS staff, you will exit the scheduling process and will need to begin again when you are ready to do so. Agents will not receive showing instructions until they confirm they have read the reminder.
Do I still need a buyer agreement?
Yes, you still need a written buyer agreement. This reminder in ShowingTime is not a buyer agreement, nor does it dictate the type or terms of the agreement between an agent and their client. It is your responsibility to secure a signed buyer agreement prior to any tours to ensure you are compliant with new requirements.
Is ShowingTime asking me to upload my buyer agreements?
No. You must simply confirm you have read the reminder in order to receive showing instructions – you are not required to confirm you have a buyer agreement, or share or upload that agreement to ShowingTime in any way.
Why is ShowingTime doing this?
ShowingTime+ is committed to helping agents, MLSs and the industry navigate changes following the NAR settlement. As the leading showing service provider, ShowingTime is offering this solution to help you adapt to new rules, so you can focus on what matters: serving your clients.
We will work with ShowingTime to share any product updates or enhancements they may offer in the future to help you navigate potential new guidelines. Please let us know if you have any questions.
Sincerely,
LSAR