Are you wondering if you should still be paying buyer agent commissions when selling your property? The short answer is yes. While you no longer legally have to after the recent NAR settlement, I still think it’s a good idea to offer some commission. Today, I’ll share a few key reasons why it pays to offer competitive buyer agent commission when selling your home.
Check out the video above or use the timestamps to skip to each topic:
0:00 — Introduction
0:41 — We get compensated in 4 essential ways
1:40 — Receiving compensation in 3 different ways
2:12 — Small portion of ownership
2:25 — Set a break upfront
2:40 — Consider what is competitive in the market
3:42 — Nobody will sell your home if they’re not compensated
4:20 — No commission comes without risks
5:08 — Wrapping up
This shift underscores the importance of negotiation in real estate deals. For buyers, seizing the moment could be advantageous despite market fluctuations. If you still feel confused about this, feel free to reach out via phone or email for any clarification.