WHAT HAS CHANGED
You still have the choice of offering compensation to buyer brokers. You may consider doing this as a way of marketing your home or making your listing more attractive to buyers.
Your agent must disclose to you and obtain your approval for any payment or offer of payment that a listing broker will make to another broker acting for buyers.
WHAT HASN'T CHANGED
Agents are here to help you navigate the process of selling your home and are ethically obligated to work in your best interest. Compensation for your agent remains fully negotiable and your agent should have clear and transparent discussions with you about compensation.
If you choose to approve an offer of compensation, there are changes to how this can happen.
MLS
You as the seller can still make an offer compensation, but your agent cannot include it on a Multiple Listing Service (MLS)
Marketing
Your agent can advertise your listing via off-MLS platforms such as social media, flyers and websites.
Seller Concessions
You as the seller can still offer buyer concessions on an MLS (for example, concessions for buyer closing costs).