The New Hampshire Association of REALTORS has updated their Exclusive Agency and Listing Agreement this link brings you to PDF sample form with changes highlighted for easy reading.
The important changes are to the Dual Agency section.
The Disclosed Dual Agency section was removed from cooperation section #3 and given its own section #4.
This section 4 includes information about disclosed dual agency and an opt in or out for the seller to consent or deny consent for dual agency showings with a separate dated signature line or a box for agency to check if they do not practice dual agency [404.04(c), 701.01(f)(2)]. The changes closely reflect the changes to the Buyer Agency agreement I posted.
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Monika,
This sounds very familiar to the changes made in Massachusetts last year. We have a section in our CBRB Massachusetts exclusive listing agreement for the consumer to consent or refuse consent of dual agency.
Why would any Seller not want a Buyer represented by the same brokerage? Each party has their interest protected by their agent. I always welcome CBRB Buyer Agents to sell my listings. Working with a colleague can be easier then working with another brokerage.
Just my two cents.
I await your comments.
Michael,
We have a task force looking into Designated Agency or Transactional Brokerage ...very similar to what you guys have down in Mass. If it flies we would have the choice of dual or designated...which would be very good for us in NH. I often practice dual agency and don't find it all that difficult BUT many agents are truly clueless as to what it really means. Changes will happen in NH for the better I'm sure. Thanks so much for commenting.