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Essential Insights For Buyers

3 key facts to help you understand the National Association of Realtors (NAR) settlement.

1

From August 17, 2024 forward, NAR Agents are required to enter into a written agreement with a potential Buyer prior to touring a home.

2

No offers of compensation to a Buyer’s Broker or Buyer can be entered into the MLS. However, Brokerages can advertise Buyer Broker compensation on their websites, social media, and print ads.

3

If there is no Buyer Broker compensation being offered by the Seller, Buyer can instruct Buyer’s Agent to include this compensation in the Offer to Purchase.

Working with Real Estate Agents

Have questions about working with agents or need some advice, we’ve got you covered. Download our Working With Real Estate Agents brochure.