Buyer RepresentationCompensation NegotiationMEDIUM
Under the new compensation rules, a listing agent may:
Correct Answer
B) Negotiate directly with a buyer's agent about compensation off-MLS
Listing agents and sellers can negotiate compensation with buyer's agents, but this must happen off the MLS platform. The MLS can no longer be used to advertise or offer buyer agent compensation.
Answer Options
A
Advertise buyer agent compensation on the MLSB
Negotiate directly with a buyer's agent about compensation off-MLSC
Require the buyer's agent to accept a specific commission rateD
Refuse to work with buyer's agents entirelyVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
mls-rules-and-regulationsagent-cooperation-and-compensationfair-housing-and-anti-discrimination-laws
Key Terms:
NAR settlementcooperative compensationMLS compensation banbuyer broker compensationoff-MLS negotiation
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