Agency Laws & Regs

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Agency Laws & Regulations

Since Massachusetts Real Estate Agency has changed significantly, we will be keeping the information you need for legal implementation of agency regulations at your fingertips. In addition to the most recent news and information on Agency in Massachusetts, you can also find links to the Massachusetts Agency and Non-Agency disclosure form revised in 2005 and information on the types of agency relationships now defined by law.

New Agency Laws take effect July 1, 2005

The Basics of the Law

Modeled after similar laws successfully implemented in 25 other states, the agency regulations contain three major provisions: (1) it defines, clarifies and provides guidelines for the practice of designated agency; (2) it requires clear written consent by the seller for subagency to occur, and (3) it clarifies, defines and provides guidelines for facilitation. More Information

Agency Disclosure Testers are out and about

Are your Files in Order?

Heads up! Brokers in the Pioneer Valley region have been visited recently by testers. They ask to see office records for providing the agency disclosure form. Below are a few tips to keep in mind about the laws regarding agency...  More information