Realtors® Marketplaces Story and QA
The practice of listing brokers paying compensation to buyers’ brokers, as required by NAR, is under attack by the Department of Justice. In an effort to educate consumers on the value of local broker marketplaces (another term for MLS) NAR has provided this document. The document can help REALTORS® convey to their customers and clients:
- the value REALTORS® bring to market place
- the value to the market of listing brokers paying buyer brokers
- The value of the local broker marketplace (the MLS) to the overall real estate industry