Which of the following practices is NOW PROHIBITED under the NAR settlement?
Question & Answer
Review the question and all answer choices
Buyer's agents requesting compensation from sellers
Buyer's agents can still request compensation from sellers through negotiations. This practice is not prohibited by the NAR settlement, though the context and method of such requests may be subject to other regulations.
Displaying offers of buyer broker compensation on MLS
Sellers agreeing to pay buyer's agent fees
Sellers can still agree to pay buyer's agent fees. The NAR settlement does not prohibit this practice; it only restricts how such compensation offers are displayed on the MLS system.
Buyers negotiating agent compensation
Buyers retain the right to negotiate agent compensation directly. The NAR settlement does not eliminate this option, though it may change how such negotiations are structured and disclosed.
Why is this correct?
The NAR settlement specifically prohibits displaying offers of buyer broker compensation on the MLS system. This transparency measure aims to reduce buyer confusion about who represents whom and how agents are compensated, directly targeting the practice of publicly posting commission offers on MLS platforms.
Continue Learning
Explore this topic in different formats
More Buyer Representation Videos
Continue learning with related video lessons
Under the new rules, how can a buyer's agent be compensated?
3:02 • 0 views
What must happen if a buyer wants to switch from one buyer's agent to another?
3:26 • 0 views
What is a key benefit for buyers under the new representation rules?
2:48 • 0 views
The purpose of the NAR settlement changes is primarily to:
2:44 • 0 views
What happens to the buyer's agent compensation if the seller refuses to contribute?
2:34 • 0 views
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.