Under the new rules, how can a buyer's agent be compensated?
Question & Answer
Review the question and all answer choices
Only by the buyer directly
Only by the seller through listing agreement
By the buyer, seller (through negotiation), or a combination
Only through a fixed MLS cooperative compensation
Why is this correct?
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.
Continue Learning
Explore this topic in different formats
More Buyer Representation Videos
Continue learning with related video lessons
What must happen if a buyer wants to switch from one buyer's agent to another?
3:26 β’ 0 views
What is a key benefit for buyers under the new representation rules?
2:48 β’ 0 views
Which of the following practices is NOW PROHIBITED under the NAR settlement?
2:36 β’ 0 views
The purpose of the NAR settlement changes is primarily to:
2:44 β’ 0 views
What happens to the buyer's agent compensation if the seller refuses to contribute?
2:34 β’ 0 views
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.