In light of all the misinformation out there, I wanted to offer some factual insights into the recent real estate headlines! Don’t hesitate to reach out if you have any questions!
FICTION
Sellers can no longer offer buyer agent compensation
FACT
Sellers can continue to assist buyers in paying their agents by offering compensation as part of an overall marketing strategy to sell the property for the most money the market will bear.
FICTION
Sellers no longer need to compensate buyer’s agents
FACT
Offering buyer agent compensation or concessions is a choice made by a seller in consultation with their listing agent. The commissions have always been negotiable.
FICTION
Buyers no longer need a buyer’s agent
FACT
Buyers are best protected by professional real estate agents. When making one of the most significant financial transactions of their lifetime, buyers deserve a trusted advisor to guide
them through the process and represent their interests.
FICTION
The settlement will change the way Americans buy and sell homes
FACT
Real estate professionals will continue to help buyers and sellers navigate one of the most costly and complex transactions of their lives.
FICTION
Sellers are now prohibited from offering buyer’s compensation
FACT
Offering a buyer’s agent commission has always been up to the seller. Sellers can continue to offer compensation to buyer’s agents if they believe it will lead to the best outcome for the sale of their property.