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Commission, Compensation & MLS - What You Need to Know!

Tue. 9 Apr, 2024 11:00 am - 12:30 pm

Let's dive into some of the questions on the minds of brokers, agents, and many of you in the real estate industry, as this issue affects a variety of industries. By exploring and discussing these questions, we can gain a deeper understanding of the real estate industry's challenges and opportunities.

Topics Covered:

  • Why did NAR enter into this settlement?
  • What are the key terms of the agreement?
  • Is it possible for offers of compensation to be conveyed through channels other than the MLS?
  • How does the settlement affect the MLSs?
  • How does the settlement affect home sellers and home buyers?
  • How will buyers' brokers be paid now?
  • Will buyer's brokers be required to enter into a buyer representation agreement? How will that work?
  • Why does the release of liability carve out some co-defendants and some of their affiliated agents?
  • What should listing brokers advise their clients about the prohibition of offers of compensation on an MLS?


Ed Zorn, Vice President and General Counsel, CRMLS

Chris Hasvold, CRMLS Chair & Broker/Owner Coldwell Banker Village Properties

FREE: North San Diego County REALTOR® Members Only

This Webinar Will Not Be Recorded!