Sellers

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Rick Houston, ABR, MRP
Frequently Asked Questions for Sellers of Cape Canaveral Condos

Frequently Asked Questions for Sellers Under the New Commission Rules

Under the new rules, sellers are no longer required to pay the buyer’s agent commission when listing a property on MLS. You will now only pay your listing agent’s commission, and any agreement to split commission with the buyer’s agent must be negotiated separately.

Yes, you can still offer to pay the buyer’s agent commission, but it must be explicitly agreed upon with the buyer’s agent. This agreement will not be facilitated through the MLS as it was previously​.

Since you are no longer required to pay the buyer’s agent commission, you may have more flexibility with your listing price. This could potentially make your property more attractive to buyers who are now responsible for their agent’s fees​.

The impact on the speed of sale will depend on various factors, including market conditions and how appealing your commission arrangement is to buyer’s agents. Transparent and competitive commission offerings can still attract motivated buyer’s agents​.

Consider the overall market conditions, the typical commission rates in your area, and the value provided by the buyer’s agent. It’s important to negotiate a fair rate that reflects the services offered by the buyer’s agent.

Consider the overall market conditions, the typical commission rates in your area, and the value provided by the buyer’s agent. It’s important to negotiate a fair rate that reflects the services offered by the buyer’s agent.

All commission arrangements should be clearly disclosed in the listing agreement and any promotional materials. Transparency is key to ensuring that potential buyers understand the costs associated with purchasing your property​.

Your relationship with your listing agent should remain focused on marketing and selling your property effectively. The new rules may encourage more collaborative and flexible commission agreements between listing agents and buyer’s agents.

While the new rules may change the dynamics of commission negotiations, good buyer’s agents will still seek to work with sellers who offer fair and transparent commissions. Building a strong relationship and clear agreement with buyer’s agents can facilitate successful transactions.

Work closely with your listing agent to ensure all commission agreements are properly documented and disclosed. Stay informed about the latest regulations and seek legal advice if necessary to ensure full compliance with the new rules.

For sellers navigating these new commission rules, my expertise and dedication as a listing agent can make a significant difference. I offer comprehensive services tailored to your needs, ensuring transparent and competitive commission agreements that can maximize your net proceeds. With the new rules encouraging more flexible and negotiable commission structures, I am committed to providing exceptional service to help you effectively market and sell your property.

As Rick Houston, ABR, MRP, a real estate advisor with RE/MAX Aerospace Realty, I bring a wealth of knowledge and a proven track record of success in the Cape Canaveral area. Let me guide you through this evolving real estate landscape with professionalism and personalized attention. Contact me today to learn how we can achieve your real estate goals together.