Which statement about buyer agent compensation under the new rules is TRUE?
Question & Answer
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Sellers are prohibited from paying buyer agent fees
Compensation must be disclosed and negotiated before showing properties
All buyer agents must charge the same rate
Buyer agent fees are now regulated by the government
Why is this correct?
Under the new rules, buyer agent compensation must be clearly disclosed and agreed upon in writing before the agent can show properties. Sellers can still pay buyer agent fees, but this must be negotiated separately.
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