HOMEOWNER RESOURCES
A clear conversation about REALTOR® compensation.
Understand representation, services, and compensation before you commit to working together.
Start with the services and the agreement.
Real estate compensation is negotiable. It is not set by law, and there is no required standard commission. Before we work together, we will discuss the services you need, how compensation is structured, and what the written agreement says.
For a buyer, that conversation includes any amount you may be responsible for and how a seller contribution, if negotiated and available, would be handled. For a seller, it includes the marketing and representation plan and the terms you choose to offer.
Understand a buyer agreement before touring.
Under the NAR practice changes, agents covered by the rules need a written agreement before an in-person or live virtual home tour with a buyer they are working with. Visiting an open house independently or simply asking about an agent’s services is different. We can explain what applies before setting up your tour.
Review the services, duration, compensation, and termination provisions. Ask what happens in different purchase scenarios so the agreement fits your expectations.
MEET YOUR REALTOR®
Matthew Parsons
Realty Executives Associates. Personal guidance for sellers and buyers in Knoxville, Farragut, and Lenoir City, with a commitment to putting real work into marketing your home.
GET TO KNOW MATTHEW