Who Pays the Buyer Agency Compensation in HAWAII? 🤯 [HUGE Changes...]

Who Pays the Buyer Agency Compensation in Hawaii? Are you looking to sell or buy a home in Hawaii? With all the news surrounding the NAR commission lawsuit, you're probably confused about the changes in how real estate compensation works, especially with buyer agency compensation. In this video, I'll explain how real estate broker compensation is handled right now. We cover everything from the need for a signed representation agreement to the new broker compensation rules and MLS advertising. We also explain how these changes will impact contracts and negotiations moving forward.

Here are the key highlights:
1. New Real Estate Rules Post-August 17th: Learn about the recent changes impacting broker compensation and MLS advertising.
2. Signed Representation Agreement: Buyers must have a signed representation agreement before a real estate agent can show them a property.
3. Shift in Broker Compensation: Listing brokers can no longer pre-negotiate and display commissions on the MLS, altering how buyers' agents are compensated.
4. Options for Seller Compensation to Buyer's Brokers: Understand the new contractual options (C3 and C4 in Hawaii) for how sellers can compensate buyers' brokers directly or via concessions.
5. Impact on Contracts and Negotiation Strategies: Discover how these changes affect contract structure and negotiation tactics and what buyers and sellers need to consider.
6. Preparing for the New Market Reality: It's essential to talk with your real estate agent about these updates and how they could affect your buying or selling strategy.

Watch the full video to stay informed about these pivotal changes and how they might impact your next Hawaii real estate transaction. If you have any questions about buying, selling, or anything related to #HawaiiRealEstate, feel free to contact me. Like this content? Hit the LIKE and SUBSCRIBE buttons for more!

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Did you miss our previous article...
https://trendinginhawaii.com/real-estate/aloha-from-maui-maui-hawaii-mauirealestate-mauirealtor-movingtohawaii