Good afternoon…
For all these years, agents have been saying, “I have to give out three cards,” and then letting clients shop around for lenders. But with the recent commission settlement and the changes from the National Association of Realtors (NAR), the buyer pool is now much more aware of these shifts.
Here’s what I’m considering: Ask your agents what they charge and let them know that you’ll need to provide three names of agents (who offer the lowest commissions to buyers) for all of your outbound referrals.I’m curious to hear your thoughts on this approach. How do you like those apples? Has anyone else made similar changes or experienced the impact of these new commission structures?
Best regards…
stricter regulations or guidelines…
support for agents might decrease.
for agents to qualify for referral fees.