General Principles Of AgencyCompensation SourcesMEDIUM
Under the new rules, how can a buyer's agent be compensated?
Correct Answer
C) By the buyer, seller (through negotiation), or a combination
Buyer agent compensation can come from multiple sources: directly from the buyer, from the seller through separate negotiation (not MLS), or a combination. The key change is that it cannot be offered through the MLS.
Answer Options
A
Only by the buyer directlyB
Only by the seller through listing agreementC
By the buyer, seller (through negotiation), or a combinationD
Only through a fixed MLS cooperative compensationVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
buyer-agency-agreementsagency-disclosurelisting-agreementsreal-estate-compliance
Key Terms:
buyer agent compensationNAR settlementseller concessionMLS compensation banwritten buyer agreement
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