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Do Not Use These Words on the MLS!

Given the recent NAR settlement, MLS systems, including MRED, may start flagging words related to compensation and cooperation in real estate transactions. Here are some similar terms that could potentially be scrutinized:


  1. Commission

  2. Fee

  3. Remuneration

  4. Incentive

  5. Rebate

  6. Payout

  7. Split

  8. Earnings

  9. Allowance

  10. Payment

  11. Contribution

  12. Honorarium

  13. Reward

  14. Bonus

  15. Profit-sharing

  16. Retainer

  17. Service charge

  18. Compensation agreement

  19. Brokerage fee

  20. Buyer's agent fee

  21. Seller contribution

  22. Broker compensation

  23. Listing agent commission

  24. Buyer rebate

  25. Net proceeds

  26. Referral fee

  27. Profit margin

  28. Agent commission

  29. Shared proceeds

  30. Service fee


These words and similar phrases might draw attention, as regulators aim to ensure transparency and fair practices in the disclosure and structuring of fees in MLS listings. It’s wise to stay updated on any flagged terminology changes MRED or other MLS boards may issue post-settlement.


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