In the past our contracts, forms and the MLS listings online the buyer’s agent could clearly see the fee they would be getting from the seller. That fee was actually an agreement that was offered through the MLS sharing of listings. After the settlement we can no longer put this information online through NAR state or local MLS listings. We used to share our listings and the amount that a buyers agent would get openly online now we can’t do that. We have to tell the other agent how much a seller is willing to pay on our own private websites, through email, text or phone. This is an additional step, yes it is different than what we did in the past!
How Will This Impact the Real Estate Industry? ….see more