Understanding the New NAR Compensation Rules

How the latest changes impact your real estate transactions

Key Changes in NAR Compensation Rules

Compensation Offers Removed from MLS: Offers of compensation are no longer listed in the MLS. All compensation agreements must be negotiated directly between agents and their clients.

Written Agreements Required: Buyer agents must enter into written agreements with their clients before providing services.

Transparent Disclosures: Agents must clearly disclose compensation arrangements to their clients, ensuring full transparency and informed decision-making.

What This Means for You

For Buyers: Understand how your agent is compensated and ensure it aligns with your interests.

For Sellers: Be aware of how buyer agents are compensated and negotiate terms that work for you.

For Agents: Comply with new requirements to maintain trust and transparency with your clients.

How Upturn Complies

- We provide clear, written agreements for all our clients.

- We disclose all compensation arrangements upfront.

- We use secure, password-protected portals for agents to access detailed compensation information.