The Michigan Association Of Realtors recently passed the Agent Responsibility Act. This Act now allows Real Estate Brokers to unbundle their Full Service Plan and offer Limited Service to Home Sellers. Home Sellers can now decide what services they want to receive and what services they want to waive. Limited Service would allow For Sale By Owners to put a Listing of their home into the Realors Multiple Listing Service as a stand alone service.
These dramatice changes have been opposed by many full service Real Estate Companies
FairWay Real Estate Transactions Services Inc. was recently formed by Bob Lamkin to adapt to these changes.
FairWay Real Estate Services is on of the few hybrid Real Estate Companies in the area that now offer Home Sellers a choice of Consulting Services, and a choice of Limited Service or Enhanced Service Marketing Plans.