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Committee hears bills to require written buyer-agency agreements for residential real estate
Summary
Witness Brian Westrin (Michigan Realtors) told the committee H.B. 5227–5229 would amend the Michigan Occupational Code to eliminate implied buyer agency, require written buyer-agency agreements for residential transactions, and clarify limited-service brokerage disclosures following recent federal litigation.
The House Regulatory Reform Committee heard testimony on House Bills 5227, 5228 and 5229, which sponsors and supporters say will update Michigan’s real-estate agency rules to reduce consumer confusion and align state law with changes in other jurisdictions.
Brian Westrin, general counsel for the Michigan Realtors, told the committee the bills "will amend the Michigan Occupational Code updating language…
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