ColoradoHomeBuyers:HowTheNAR SettlementAffectsAgentCommissions
BigchangesarecomingtotheColoradorealestatemarket, includinghowagentsgetpaidandwhopaysthem.
Ifyou'reconsidering buyingahomethisyear, you'llwanttofindtoa qualifiedagent.
TheColoradoBuyers GuidebyNational BuyersAgents Association(NBAA) explainshow.
TheMarchsettlementby theNationalAssociation ofRealtors(NAR),is transforming longstandingrealestate practices.
Inadditiontoalteringthe commissionstructure,thenew ruleswillrequireColorado homebuyerstosignawritten agreementwithanagentbefore searchingforahome.
Inmanycases,Coloradosellerswillnolongerbeprovidingthebuyer'sagentfeeat closing,aswastheindustrystandard.Thefeemaynowfalltoyou,thebuyer.
NBAA'sguideprovidesyouwithhelpfultoolsandtipstousewhennegotiatinga commissionrateaswellaswhattolookforinawrittenagreement.
Gotohttps://homebuyerscolorado.org/howcolorado-buyers-agents-get-paid