We ❤️ Realtors!

The conversation around real estate commissions has reached a pivotal moment with the recent settlement announcement from the National Association of REALTORS® (NAR). Whether you’re a REALTOR® or simply interested in how this impacts the housing market, we’re here to provide clarity.

Amidst widespread discussion and speculation, there has been some confusion about what these changes mean. One important fact remains: NAR has never mandated a standard commission rate. Commissions have always been negotiable between brokers and their clients—a principle that continues to hold true.

As the industry navigates these changes, staying informed is key. We’re here to help you understand the evolving landscape and what it means for buyers, sellers, and real estate professionals alike. Stay tuned for expert insights and updates.

Significant updates are reshaping the way real estate transactions are conducted, particularly in relation to Multiple Listing Services (MLS) and buyer agreements.

1. MLS Compensation Disclosure
   Previously, compensation offered to buyer agents was displayed within MLS listings. Under the new rule, this information will no longer be publicly listed. However, compensation remains fully negotiable and can still be determined through direct discussions between brokers and their clients.
2. Mandatory Buyer Representation Agreements
   Another notable change requires Realtors® to establish written agreements with buyers before showing properties. This ensures transparency by clearly outlining the terms of representation and expected compensation upfront.

These updates aim to enhance clarity, fairness, and professionalism within real estate transactions while maintaining the flexibility for brokers and clients to negotiate terms that best suit their needs.

The National Association of REALTORS® (NAR) remains committed to ensuring that these updates create a more transparent and beneficial experience for all parties involved. Realtors® will continue to play a vital role in guiding buyers through the home-buying process with expertise, dedication, and care.

While these adjustments may seem significant, they are ultimately designed to enhance fairness and clarity for both real estate professionals and consumers. At our core, we are dedicated to building exceptional homes and fostering strong partnerships—a commitment that remains unchanged.

As a proud supporter of our Realtor® partners, we will continue to offer up to 2.5% commission compensation in recognition of their invaluable contributions to making homeownership a reality. Thank you to all of our Realtor® partners for your dedication and hard work!