"What we are seeing is kind of two buckets, said Adam Dean, the broker-owner of Duston Leddy Real Estate. In one bucket are agents and listings who are not sharing what they are offering for buy-side compensation and are instructing buyers to write all their asks into their offer. In the other are sellers who are choosing to advertise the buyer broker compensation they are offering in all allowable channels."
"According to the panelists, the largest discrepancies are occurring in how agents and brokerages are handling buy-side agent commissions now that offers of compensation are no longer allowed to be disclosed on the MLS."
"So, for now, I would caution patience. Everyone is adapting and coming up with business models... we are going to know a lot more about how this is going to really work a year from now, said Matt Johnson, NHAR's legal counsel."
"If your listing agreement has a number there and you aren't disclosing it when your seller said you can, then we have an ethical issue, noted Dean."
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