Commissions are Negotiable

Can a buyer's agent negotiate the cooperative fee with the listing broker?
Yes, with one exception.
Can a buyer's agent negotiate the cooperative fee with the listing broker?
Yes, with one exception.
Until Dec 5, we are collecting donations for children and seniors in need. Let's make a difference this holiday season.
Also, know what it takes to meet them.
Attention to detail is monumental when working through a real estate transaction. If the closing date cannot be met, do not assume the parties will agree to an extension. Both clients are put in jeopardy when the agents involved are not properly facilitating their part of the transaction. Being complacent can cost you the deal. It can also cause the parties to look carefully at whether or not you honored your fiduciary duty to discharge reasonable care and diligence.
Communication is paramount. Keep the other REALTOR® informed of issues that affect the closing as soon as you know them and document that communication.
Attend this 3-hour session on Nov 12 and learn from experts about the purchase agreement, the survey, environmental issues, the appraisal, financing, and closing.
Thank you to each member who submitted their C2EX certificate. We are happy to announce that we are now able to get those records automatically from NAR and that there is no longer a need to forward those certificates to us.
Save yourself some money and hassle; remember that as a Designated REALTOR® and MLS Participant that adding a new agent to your roster comes with responsibilities to CMR.
The only way to pay toward 2020 RPAC is with dues. If you make a separate payment, that payment counts toward 2019 until the end of the year. If you want to pay RPAC for 2020 and have already paid your 2020 dues, you will have to wait until January.
Buying a house is exciting but can be stressful unless you know what to expect along the way. After identifying the dream house and negotiating the contract, it is time for the buyer to select a home inspector. Home inspections help the buyer know the property's condition in areas not generally seen during the looking phase of home selection.
Members can create Google Alerts on their listing addresses and get notified when something squirrely pops up on that address. Members should remind sellers not to let anyone in the house who is not accompanied by a licensed agent regardless of what they might say.
By now, you will have received your annual REALTOR® renewal notices by email. Please note that auto-billing is only an option with quarterly MLS fees, not with annual REALTOR® membership renewal. Staff can neither 'assume' that you want to renew REALTOR® membership nor 'assume' that you wish to include your voluntary RPAC investment. As such, each individual must manually pay annual REALTOR® renewal through the Member Portal.
The Mississippi Department of Environmental Quality is performing random audits of local broker's offices; they are reviewing Lead-Based Paint disclosures.
The National Association of REALTORS® has partnered with a long list of companies to provide exclusive benefits to REALTORS® Whether you need to rent a car, want to buy a new car, need insurance or need office supplies, make sure you take advantage of all the benefits available to you.
REALTORS® face job-related risks every day—working alone, meeting with strangers in unfamiliar places, and sharing personal contact information. While independence is one of the perks of our industry, it can leave agents open to vulnerabilities.
REALTOR® of the Year: Gary Parker
Affiliate of the Year: Russ Ogburn
REALTOR® Emeritus Award recipients:
Besty Folmar
Peter D. Maloney
Jeanie P. Malouf
Halinda Mitchell
Gary R. Parker
Charles Thompson
MCAR REALTOR® of the Year: Bob Ridgway
President: Katie Warren
President-Elect: Duke Garraway
First Vice-President: Rashida Walker
Treasurer: Allan Summerlin
Directors:
James Carson
BJ Doty
Meshia Edwards
Melissa Honea
Sterling McCool
Allison Palmer
Tommy Payne
Jesse Barrilleaux, MLS President
There seems to be some misunderstanding about how Home Inspectors schedule appointments and perform their inspections. Let’s review:
There is a myriad of things you must do as real estate professionals to keep your clients out of harm’s way. One is to caution them against exposing their names and families to the wilds of the Internet through marketing photos.
Question: What do you call the commission paid by the listing broker to a selling broker who is not a member of the MLS?
Question: Is a variable-rate commission one that a listing broker agrees to pay a selling broker who is not a member of our MLS?
Real estate is a negotiation business. To be successful in the long haul, you must learn to aggressively advocate for your client while treating the agent on the other side of the fence with professionalism and respect.
If you want to leave the kind of impression that results in referral business from clients and in other REALTORS® delighting in having you on the opposite side of a transaction, consider adopting NAR’s rules of etiquette. Called Pathways to Professionalism, respect is required divided into three categories: Respect for the Public, Respect for Property, and Respect for Peers.