Meet ConfirmBuyer.com
The platform for buyer’s agents and brokerages seeking compliance and a better way to manage buyer agreements
We are thrilled to introduce you to ConfirmBuyer.com, a revolutionary portal designed specifically for real estate buyer’s agents to address the challenges surrounding Buyer-Broker Agreements, especially in light of the August 17 mandate. Unlike many platforms, we are not selling access but instead offering no-cost access to a portal that resolves the systemic issues caused by unfamiliarity, lack of experience, industry confusion, and use of the agreements in general.
ConfirmBuyer.com, which is protected by two patents pending, was built to streamline the entire process of managing buyer-agent agreements. By offering a secure, user-friendly platform, it ensures agents can easily manage, store, update, and track agreements with minimal effort, eliminating errors and preventing disputes. With features like real-time data integration, updates, automated reminders, and robust compliance tools, ConfirmBuyer.com is set to transform the way buyer’s agents handle these critical agreements, ensuring transparency, compliance, and efficiency in every transaction.
Challenges in the Industry
We are offering immediate solutions to a developing crisis in the ranks at brokerages’ nationwide. Agents are not compliant, offices don’t have an idea what to do and quite frankly the implementation of the August 17, 2024, mandate is one big logistical (or lack thereof) mess throughout the entire industry.
The contrast between what the NAR® and DOJ mandate requires and what it overlooks has introduced a troubling level of disorganization and conflict within the real estate industry. While the mandate enforces specific actions, it leaves critical aspects unaddressed, leading to gaps that undermine effective management and accountability.
What the NAR® and DOJ Mandate Requires NOW:
- A formal agreement between the buyer and the buyer’s agent must be in place before any property is shown, whether in person or virtually.
What the Mandate Doesn’t Require AND SHOULD:
- Submission Procedures: There is no requirement for where or to whom this agreement must be submitted before a showing.
- Immutable Storage: The mandate lacks any provision for the permanent, unalterable storage of the initial agreement.
- Agreement Updates: There is no clear guidance on how these agreements should be updated, managed, or tracked over time.
- Consistent Chain of Custody: There is no mandated protocol for maintaining and protecting the chain of custody for signed agreements, opening the door to inconsistency and mismanagement.
- Fraud Prevention: The mandate does not include measures to prevent fraud, mishandling, or improper handling of agreements.
- Checks and Balances: There is no required system in place to ensure accuracy, transparency, or to maintain client trust through an active check-and-balance process.
- Tutorials and Education: No seminars or mandatory guidelines are in place to direct agents on necessary actions once an agreement is signed.
What ConfirmBuyer.com Offers AND RESOLVES:
- A straightforward platform for buyers, brokers, agents, attorney’s, title companies, MLSs, the DOJ, and real estate professionals to securely submit buyer agreements into an immutable repository, accessible to all relevant parties.
- A system that automatically certifies the precise date and time each agreement is entered.
- A unique authorization code generated for every transaction to ensure tracking and verification.
- The capability for users to securely store, update, and manage unlimited agreements and associated data.
- A comprehensive database search function that checks for any pre-existing agreements associated with a buyer, offering only simple confirmation if a match is found, with no further details disclosed.
- Mobile accessibility, unlimited usage, customer support, tutorials, Zoom meetings, demos, updates, and real-time notifications.
- A secure, transparent, and user-friendly environment for effective agreement management.
- Immediate resolution of key industry concerns surrounding accuracy, transparency, accountability, compliance, and integrity.
The ConfirmBuyer.com platform is built with a commitment to full compliance, aligning with all relevant laws, directives, regulations, and mandates. It is designed on the pillars of compliance, user-friendliness, and trust.
What ConfirmBuyer.com DOES NOT Offer:
- No Display of Compensation Information: The platform does not display or share information on compensation.
- Strict Privacy of Buyer Information: No one can access or view a buyer's personal information, ensuring complete confidentiality of individual details.
- Redacted Buyer Data: All buyer information is rigorously redacted and inaccessible, keeping specifics like location, time, or duration of engagement private.
- Limited Contact Information Display: Telephone numbers, emails, addresses, and any other sensitive contact details are thoroughly redacted but verified through a proprietary AI credentialing system, ensuring information accuracy without compromising privacy.
- No Tracking of Buyer Activities or Histories: The platform does not track, store, or share any historical or activity-based information regarding the buyer’s interactions on the platform.
- No Open Access: Access to buyer data is tightly controlled, and only verified, authorized users within legal bounds can interact with minimal, non-identifiable data, all while following a secured access protocol.
Contact Us
The official Buyer-Broker Representative Agreement repository for compliance, accuracy, and transparency.
To view previous newsletters and postings, visit: www.ConfirmBuyer.com/blog