With the latest lawsuit with Compass in California for alleging “inflated” commissions, it’s time to get more transparent. In this episode, Jeff and Phil share tips on what you can do to protect your commissions and be more transparent.

One key point they addressed is the disclosure of the buyer-broker commission fee via a buyer-broker agreement. With a buyer-broker agreement, this is now a “promise” of the level of service the agent is going to provide. It’s raising the voice of elite agents and teams and creating the promise because you KNOW you can deliver. You’ll be articulating the services you provide, in writing and setting the expectations so you can also defend your pay.

Another opportunity to be more transparent with the consumer and protect your commissions is to create a buyer-agent checklist. This checklist takes a buyer from meeting them the first time to qualifying, to preview, showing, closing, etc. Everything you need to do is on this sheet so nothing is missed.

Listen to the full conversation and learn more about ways to protect your commissions.

Learn more about the National Association of Real Estate Teams: https://realestateleopard.com/

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