2024 NAR Settlement: Difference between revisions
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(Created page with "From NAR [https://www.nar.realtor/the-facts/what-the-nar-settlement-means-for-home-buyers-and-sellers] *Buyer, not Seller, is now responsible for Buyer's Agent Commission *Bu...") |
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*Buyer, not Seller, is now responsible for Buyer's Agent Commission | *Buyer, not Seller, is now responsible for Buyer's Agent Commission | ||
*Buyer negotiates commission with their agent up front. | *Buyer negotiates commission with their agent up front. | ||
*Sellers can still offer compensation off an MLS. Sellers can offer buyer concessions on an MLS (for example—concessions for buyer closing costs). | |||
Revision as of 01:31, 6 April 2025
From NAR [1]
- Buyer, not Seller, is now responsible for Buyer's Agent Commission
- Buyer negotiates commission with their agent up front.
- Sellers can still offer compensation off an MLS. Sellers can offer buyer concessions on an MLS (for example—concessions for buyer closing costs).