What the NAR Settlement Means for Sellers
New Rules for Home Sellers
You can offer buyer broker compensation, but it must be disclosed in writing.
Buyer broker compensation is no longer displayed on the MLS.
Sellers can still offer concessions such as covering closing costs
How We Help You Navigate This Changing Market
Expert Pricing & Valuation
We provide a comprehensive valuation.
Transparent Compensation
Clear agreements on buyer broker compensation.
Marketing Beyond MLS
We market your listing across off-MLS platforms.
Negotiating Seller Concessions
We guide you through negotiations.
New Selling Rules Q&A
Yes, as a seller, you can still choose to offer compensation to buyer brokers to make your listing more attractive to buyers. However, under the new NAR settlement rules, this compensation can no longer be shared on the MLS (Multiple Listing Service), and must be disclosed to the buyer and approved in writing.
Any offer of compensation you make to a buyer’s broker must be clearly disclosed in writing and approved by the buyer. Your listing agent will guide you through this process and ensure the correct forms are completed. This transparency ensures that all parties involved are fully informed about the terms of the transaction.
Yes, you can still advertise your home even if you choose not to offer compensation through the MLS. While the MLS doesn’t allow compensation to be advertised, your agent can market your home through other channels like social media, websites, and direct outreach. This provides flexibility to reach potential buyers while keeping full control over compensation decisions through these alternative platforms.
Seller concessions are incentives you can offer buyers to make the transaction more appealing, such as covering closing costs or offering repair credits. These concessions are still allowed and can be a valuable tool in negotiating a sale. Your agent will help you decide whether offering concessions is the right move for your sale.
Offering compensation to buyer brokers can make your listing more appealing to buyers’ agents, encouraging them to show your property to their clients. While it's not allowed to list compensation on the MLS, offering it through other channels like websites, social media, or direct outreach can still help you sell your home faster and attract more potential buyers by increasing visibility among agents.
Our Simple Process for Selling Your Home
Home Valuation
01
Compensation Discussion
02
Marketing and Listing
03
Negotiation and Closing
04
For Sellers
Discover how we can help you sell your home faster and for top dollar, starting with a free valuation.