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Buyer Agents - Representation & Compensation
Can I use ShowingTime's client communication capability to communicate commission or compensation?
Can my brokerage firm enter into a contract with another firm where we agree upon a cooperating split for all cooperative transactions involving our two companies?
Does the broker need to sign the Compensation Agreement Between Brokers, or can a salesperson sign it?
Given the new written agreement requirement, do we still need an Agency Disclosure Form?
I am a broker with strict policies as to when my salesperson can sign a Compensation Agreement Between Brokers on behalf of the firm. One of my salespersons violated that policy and signed a contract they never should have signed. Is my firm bound by that unauthorized contract?
I am a listing broker who agreed to pay the cooperating broker $5000. The buyer’s agent has presented the seller with an offer asking for seller concessions of $7500. Is the commission amount included in the $7500?
I have two pending transactions that are scheduled to close after August 13. I am representing the buyers in both transactions and each listing had an offering of compensation to a cooperating broker published on the MLS at the time that I wrote my offer. Do I need any special addendums or agreements completed before closing to be sure that I am paid?
I received a purchase agreement that addresses the buyer’s agent’s commission. Is that permitted?
If a REALTOR® hosts an open house or provides access to a property, on behalf of the seller only, to an unrepresented buyer, will they be required to enter into a written agreement with those buyers touring the home?
Important Seller Concessions Fields Update
May I attach the Compensation Agreement Between Brokers form (as a blank form without indicating the amount of my offer) to my listings to demonstrate that I am willing to offer a commission to a broker who brings a buyer?
Member Guide to the NAR Settlement
My seller authorized the offering of concessions to the buyer. I know that we have the choice of including that information in the marketing remarks, but can we say that the seller will pay "up to" a specific amount?
What are the names of the forms that are new or have been revised to comply with the terms of the NAR Settlement? Also, where may I locate them?
What is the difference between the Buyer’s Broker Compensation Addendum and the Seller Concession Addendum?
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Buyer Agents - Representation & Compensation
Category - Buyer Agents - Representation & Compensation
Articles
Can I use ShowingTime's client communication capability to communicate commission or compensation?
Can my brokerage firm enter into a contract with another firm where we agree upon a cooperating split for all cooperative transactions involving our two companies?
Does the broker need to sign the Compensation Agreement Between Brokers, or can a salesperson sign it?
Given the new written agreement requirement, do we still need an Agency Disclosure Form?
I am a broker with strict policies as to when my salesperson can sign a Compensation Agreement Between Brokers on behalf of the firm. One of my salespersons violated that policy and signed a contract they never should have signed. Is my firm bound by that unauthorized contract?
I am a listing broker who agreed to pay the cooperating broker $5000. The buyer’s agent has presented the seller with an offer asking for seller concessions of $7500. Is the commission amount included in the $7500?
I have two pending transactions that are scheduled to close after August 13. I am representing the buyers in both transactions and each listing had an offering of compensation to a cooperating broker published on the MLS at the time that I wrote my offer. Do I need any special addendums or agreements completed before closing to be sure that I am paid?
I received a purchase agreement that addresses the buyer’s agent’s commission. Is that permitted?
If a REALTOR® hosts an open house or provides access to a property, on behalf of the seller only, to an unrepresented buyer, will they be required to enter into a written agreement with those buyers touring the home?
Important Seller Concessions Fields Update
May I attach the Compensation Agreement Between Brokers form (as a blank form without indicating the amount of my offer) to my listings to demonstrate that I am willing to offer a commission to a broker who brings a buyer?
Member Guide to the NAR Settlement
My seller authorized the offering of concessions to the buyer. I know that we have the choice of including that information in the marketing remarks, but can we say that the seller will pay "up to" a specific amount?
What are the names of the forms that are new or have been revised to comply with the terms of the NAR Settlement? Also, where may I locate them?
What is the difference between the Buyer’s Broker Compensation Addendum and the Seller Concession Addendum?
+ 7 Articles
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