How Much Commission Should I Offer to a Buyer’s Agent?
Recent changes from the National Association of Realtors (NAR) mean that compensation for Buyer’s Agents is no longer listed directly on the MLS. However, sellers can still offer Buyer’s Agent compensation through other methods, such as email or via the ListLean platform.
Should Sellers Offer Compensation?
This decision is entirely up to you. In today’s housing market, selling a home can be competitive, and offering compensation to a Buyer’s Agent might make your property more appealing. Consider your unique situation when deciding whether to offer compensation and how much.
Will Buyers Pay Their Agent’s Commission?
Under the new rules, buyers must negotiate a commission agreement with their agent before viewing homes. If you offer compensation, it could help offset some or all of what the buyer has agreed to pay their agent.