Under the new compensation rules, a listing agent may:
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Advertise buyer agent compensation on the MLS
Negotiate directly with a buyer's agent about compensation off-MLS
Require the buyer's agent to accept a specific commission rate
Refuse to work with buyer's agents entirely
Why is this correct?
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.
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