Skip to content
Why Am I Selling?
Why Am I Selling? Chapter 2 from our co-founders’ journey to sell his Breck Cabin… Let’s get this out of the way up front, because
Why Am I Selling? Chapter 2 from our co-founders’ journey to sell his Breck Cabin… Let’s get this out of the way up front, because
The Search Begins: Hunting Down My Perfect Agent For the month of November, we have decided to blog about one of our co-founders’ journey to
Property and Mortgage Fraud: The Fastest Growing White-Collar Crime Property and mortgage fraud is no longer a rare crime—it’s now recognized by the FBI as
Real World Example: The Hidden Cost of Not Negotiating Buyer Agent Commission Most homebuyers don’t realize just how much money is on the line when
How Agent Steering and Commission Structures Can Undermine Fair Deals for Homebuyers As a real estate attorney advocating for homebuyers and co-founder of Negotiate the Comp
Compensation rule changes require written agreements between buyers and their agents, clearly outlining compensation terms. Sellers are no longer obligated to pay a buyer agent’s commission, which creates opportunities to save but may also shift some costs to buyers. Understanding these changes can help you navigate the new real estate landscape with confidence.
Yes! Real estate agent commissions are fully negotiable. Both buyers and sellers can negotiate terms with their agents to reduce costs and maximize value. Negotiating the comp is a crucial first step in saving money during your real estate transaction.
The NAR settlement, stemming from antitrust litigation, introduced significant rule changes designed to make real estate transactions more consumer-friendly. These changes include requiring written buyer agreements and removing the obligation for sellers to offer compensation to buyer agents, creating new opportunities to negotiate fees.
While both require a real estate license, REALTORS® are members of the National Association of REALTORS® and must adhere to its Code of Ethics. This means that REALTORS® are bound by stricter professional standards, which may impact their approach to your transaction.
Negotiating agent fees upfront ensures you fully understand the costs involved and secures terms that align with your goals. It can result in significant savings and puts you in control of your real estate transaction from the start.
Offers of compensation are no longer required to be made by sellers to buyer agents. While still an option, these offers must now be communicated outside of MLS platforms. This creates new flexibility for sellers but also requires buyers to carefully review their agreements.
Ensure the agreement clearly outlines compensation, services, and terms. For buyers, agreements must specify compensation details and avoid open-ended terms. Sellers should confirm the commission structure and understand their responsibilities under the new rules.
Legal representation provides an independent, expert perspective, helping you understand complex agreements and avoid pitfalls. With legal guidance, you can navigate negotiations confidently and secure terms that work in your favor.
Contact Mintzer Legal, LLC created by Founder/Director of Negotiate the Comp, Glenn Mintzer. Mintzer Legal can bridge the gap between understanding your options and negotiating with confidence. Mintzer Legal offers advice and straightforward booking options to help you Negotiate the Comp.