On Wednesday, October 17th a special Board of Directors meeting will be held at The New Hampshire Association of REALTORS in Concord. The sole purpose of this meeting will be to have a motion to approve the proactive legislation “Relative to Changes to the Real Estate Practice Act”. This is the legislation that, if approved, would enable the practice of designated agency and facilitation in New Hampshire.
It is the recommendation of the Agency Task Force that the Board of Directors proceed with approving this legislation. My husband past NHAR president Jay McGillicuddy sat on the task force and I know he felt it was a very good thing. This legislation while requiring a learning curve is in the best interest of REALTORS and the public by eliminating Dual Agency for those that do not wish to practice it.
If this passes the Board of Directors on the 17th it will continue to go through a lengthy approval process. Interested in reading a Draft copy of the proposed legislation just click here draft-agency-legislation-9-12-07.pdf
I’d be very interested in your opinions and remember this a DRAFT only and far from being lawful.