I have sold over 600 properties and represented buyers on many homes, and never in my 26 years of selling real estate, have I discussed my commission with a client whom I represented as a buyer. I didn’t have to: my commission was paid by th...
Let’s assume the seller is no longer required to pay the buyer’s agent, what is the impact to the real estate industry? There are two scenarios, and one is much more damaging to the industry. It could be that NAR does not require that a s...
If in the past, there was no thought as to how their agent received their compensation, there will quite a bit of it in the future. If you choose to have professional representation, a buyer will choose how to pay that agent. Here are the 5 way...
We believe the ability to have the seller pay for your agent’s commission will vary depending on the type of real estate we find ourselves in. We categorize markets into three types:
Slow: Buyer’s Market – In a buyer’s market, pr...
Since we have never had a situation in real estate where a buyer may have to pay for their agent out of their own pocket and not from the equity of the seller’s property, we are not sure which price segments will be more impacted by this chan...
If compensation is removed from the Multiple Listing Service (MLS) and more buyers choose to pay their agent directly rather than having the seller pay for them out of their equity, there may be more than one way to compensate your agent.
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You have choice in how you wish to compensate your real estate agent. Before the change in compensation, a buyer did not have to give this any consideration: your agent was paid by the seller through sub-agency. The listing agent convinced the ...