Does this regulation affect real estate agents too?

The proposed regulation 760 CMR 74.00 doesn’t just impact buyers and sellers—it also places significant responsibilities on real estate agents and brokers. Agents must ensure they don’t pressure buyers to waive inspection rights and that all required disclosures are provided correctly and on time.

How Agents Must Comply with the Law

Under Massachusetts agent inspection rules, brokers and salespeople must:

• Provide the required inspection disclosure to buyers.
• Avoid suggesting or encouraging inspection waivers to secure offers.
• Ensure contract language does not undermine inspection rights.
• Educate clients about their rights under 760 CMR 74.00.

Consequences for Violating the Law

If agents violate the regulation, they could face:

• Disciplinary Action: Including fines, license suspension, or revocation.
• Legal Liability: Potential lawsuits under Massachusetts consumer protection laws.
• Damage to Professional Reputation: Trust and credibility with clients may suffer.

For official regulations and licensing information, visit the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.

MKC Associates encourages both sellers and agents to stay informed about 760 CMR 74.00 to ensure legal compliance and protect clients’ rights.