Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Austin Delta Sky Club Review: Small, But Good Food

October 16, 2025

Trump Slams DC Judge Who Let ‘Big Balls’ Attackers Walk Free

October 16, 2025

New-home mortgage applications dip in September

October 16, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Thursday, October 16
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Real Estate»Making offers of buyer broker compensation is a tricky puzzle to solve
Real Estate

Making offers of buyer broker compensation is a tricky puzzle to solve

October 9, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

As the deadline approached for implementing changes related to buyer broker compensation offers, brokers and agents were focused on disclosing seller’s offers. However, the transition from property viewing to making an offer presented a new challenge that many had not anticipated.

Nationwide, real estate professionals are grappling with how to incorporate buyer agent compensation requests and seller offers into purchase and sales agreements. Some have chosen to address this issue right from the beginning of the buyer-agent relationship.

One example is Leading Edge Real Estate in Boston, where broker-owner Linda O’Koniewski has introduced a buyer agency agreement with a professional fee section. This section outlines the buyer’s agreement to pay their agent and includes options for the buyer to request the seller to cover this fee or pay it out of pocket.

While most buyers prefer to have the seller cover the buyer agency compensation, some opt to pay it themselves, which can make their offer more appealing. It is crucial for agents to follow the buyer’s instructions to ensure they get paid, as the previous system of MLS enforcement is no longer in place.

Joanie McIntire, president of the New Hampshire Association of Realtors, emphasizes the importance of including information about compensation in purchase and sales agreements to avoid misunderstandings and ensure clarity during negotiations.

Prior to recent changes, buyer agency fees were typically included through cooperative compensation, but this practice has shifted with the requirement for explicit agreements outlining agent payment. In Florida, the implementation of compensation agreements has become necessary following the NAR settlement.

Lenders are also facing challenges due to the inconsistent inclusion of buyer agent compensation requests, leading to transaction delays and confusion at the closing table. Despite the complexities, real estate professionals agree that including this information in purchase and sales agreements is essential to avoid surprises and ensure transparency.

Related Posts:

Broker Buyer Compensation Making Offers puzzle solve tricky
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

New-home mortgage applications dip in September

October 16, 2025

9132 Las Manaitas Ave #202, Las Vegas, NV 89144

October 15, 2025

Archwest Capital closes $300M securitization

October 15, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Asked on Reddit: Where Should I Put an Unexpected Inheritance?

March 30, 20250 Views

How US Sports Leagues Make Money

July 27, 20240 Views

The Top 24 Most-Read Inman Real Estate News Stories Of 2024

December 28, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Personal Finance

Austin Delta Sky Club Review: Small, But Good Food

October 16, 20250
Economic News

Trump Slams DC Judge Who Let ‘Big Balls’ Attackers Walk Free

October 16, 20250
Real Estate

New-home mortgage applications dip in September

October 16, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.