Ask an Expert

Under the new rules, buyer-agent compensation can no longer be advertised on the MLS. You'll need to negotiate your commission directly with your buyer client through a written buyer-broker agreement before showing properties. This means more transparency but also requires clearer communication about your value proposition upfront.

Yes, sellers can still choose to pay the buyer's agent commission as part of the transaction. However, this offer cannot be displayed on the MLS. The buyer's agent must negotiate this separately, and it can be structured as a seller concession or credit at closing.

If you were eligible for the settlement but missed the claims deadline (December 30, 2025 for most settlements), you cannot receive monetary compensation. However, you still benefit from the injunctive relief—the industry-wide practice changes that resulted from the settlements.

Yes, under the new NAR rules effective August 17, 2024, you must have a written buyer-broker agreement signed before showing any property. This agreement must clearly state your compensation terms. Verbal agreements are no longer sufficient.

Focus on the benefits: increased transparency, clearer expectations, and your professional value. Emphasize that you're their advocate and the written agreement protects both parties. Provide a simple one-page summary of the changes and how you'll navigate them together.