Over a decade ago, the Builders Association of Greater Indiana (BAGI) and the (then) Metropolitan Indianapolis Board of REALTORS® (Now, MIBOR REALTOR® Association) came together to develop a set of guidelines. These guidelines establish expectations for how the two parties can work together to ensure cooperation and compensation and settle disputes. In fact, the guidelines are intended to be so clear and fair to both parties, that disputes are minimized as much as possible. It's the REALTOR®/Builder Pact. The REALTOR® Builder Pact was successful in its original form, but hasn't been used much in the last few years so we're bringing it back! This cooperative agreement, between broker members of MIBOR and members of BAGI, outlines responsibilities and guidelines for transactions among REALTORS® and builders in central Indiana. By signing the agreement and working with others who have, you know that each party, the REALTOR®, the builder, and most importantly the customer, will be treated fairly during the transaction – paving the way for smoother relationships between all parties. Broker/owners enter into this agreement on behalf of REALTORS®.
REALTORS® and builders are encouraged to read about R&B and to learn more about the program and its benefits. Builders and brokers are encouraged to sign up today in order to give agents every chance for success. But don't take our word for it, see what your colleagues have to say. Click on the video link below.
Click the links below for the current lists of REALTOR® signatories in alphabetical order:
The current list of Builder signatories:
Arbor Homes, LLC
Boles Custom Homes
Dave Sego Builders, Inc.
David Weekley Homes
Davis Homes (Davis Building Group, LLC)
Gradison Building Corp.
Hoss Building Group
J.R. Lazaro Builders
Lennar (formerly CalAtlantic Homes formerly Ryland Homes)
M/I Homes of Indiana, L.P.
Mitford Homes, Inc.
Phil Myers Custom Homes
RLS Building Corp.