By now you’ve probably heard about the significant changes happening in real estate:
• Buyers Must Sign a Written Buyer Representation Agreement Before Touring a Home with an Agent
• Seller’s Agents are No Longer Allowed to Advertise Commission to Buyer’s Agents on the Multiple Listing Service (MLS)
Most Sellers See the Benefit of Paying the Buyer’s Broker:
• Buyer Can Pay their Agent Directly at Close of Escrow
• Home Will be Marketed to All Buyers
• Potential for Higher Selling Price
• Increased Buyer Interest
• Simplified Negotiation Process
• Reduced Financial Burden on Buyers
• Faster Sale of Property
Who is Going to Pay the Buyer’s Broker?
• Buyer Can Request a Credit from the Seller in Writing with
their Offer to Pay the Buyer’s Broker at Close of Escrow
• Seller Can Agree in Writing to Pay the Buyer’s Broker at
Close of Escrow Prior to Writing an Offer
Please Reach Out to Us ANYTIME to Chat About these Changes.
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