General Principles Of AgencyCompensation ChangesMEDIUM
What major change did the 2024 NAR settlement bring to how buyer agent compensation is displayed?
Correct Answer
B) Offers of compensation can no longer appear on MLS listings
The 2024 NAR settlement prohibits offers of buyer broker compensation from appearing on MLS listings. Compensation must now be negotiated separately, off the MLS platform.
Answer Options
A
Compensation must be displayed more prominentlyB
Offers of compensation can no longer appear on MLS listingsC
Compensation must be a fixed percentageD
Only cash compensation is allowedVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
agency-relationshipsmls-regulationsantitrust-real-estate
Key Terms:
2024 NAR settlementMLS compensation banbuyer broker compensationSitzer/Burnettcooperative commission
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