This form may be used to convey the seller’s offer of compensation on a listed property. This notice may assist a buyer in deciding whether or not they wish to submit an offer. This form may not be shared via any Multiple Listing Service (MLS) and may be placed inside the actual physical property among other disclosure forms or marketing brochures. This form serves the purpose of informing prospective buyers and their buyer brokers if compensation is offered to a buyer broker.

This form is to be attached to and made part of a Multi-Board Residential Real Estate Contract 7.0 allowing a buyer to request that a seller agree to compensate a buyer’s brokerage. Additionally, to ensure this form is incorporated into the purchase contract it must be listed in Paragraph 38 of the Multi-Board Residential Real Estate Contract 7.0

This form is to be appended to all Mainstreet Organization of REALTORS exclusive marketing agreement in effect as of August 17, 2024 (active or under contract). This form should be used prior to August 17 to ensure continued compliance in exclusive marketing agreements. This form also requests that the seller acknowledges that compensation shall not be made via the MLS and authorizes and directs the brokerage to communicate the offer of compensation. Additionally, this form allows the seller to authorize and direct the brokerage to communicate the offer of compensation on their website or other ways to be defined by the parties.

Enhance your expertise in property valuation with this comprehensive workshop designed for real estate agents. Learn effective strategies and techniques to accurately price properties, ensuring competitive market positioning and successful sales.

There are some changes in the real estate industry as a result of the NAR settlement. In this video we provide strategies for navigating the changes and best practices.

During this session Risa talks with Barbara from State Farm about coverage that you or your clients should have to protect themselves. Barbara shares with us what insurance covers and what it does not cover.