Which of the following practices is NOW PROHIBITED under the NAR settlement?
Question & Answer
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Buyer's agents requesting compensation from sellers
Displaying offers of buyer broker compensation on MLS
Sellers agreeing to pay buyer's agent fees
Buyers negotiating agent compensation
Why is this correct?
The NAR settlement specifically prohibits displaying offers of buyer broker compensation on the MLS. While sellers can still agree to pay buyer agent fees, this cannot be advertised through the MLS system.
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