A Shifting Landscape
Real estate has long been structured so that the seller typically covered both the listing and buyer’s agent commissions, leaving most buyers barely aware of how their agent got paid. That comfortable arrangement has undergone a seismic shift due to the National Association of Realtors (NAR) lawsuit. Buyers today face a new era in which they must understand—and often participate in—the commission payment process more directly than ever before.
Understanding the Buyer/Broker Agreement
One of the biggest changes is the revised Buyer/Broker Agreement, a legal contract that clearly defines the duties of the agent and outlines how compensation is handled. Buyers are now often taking on a more active role in ensuring their agent’s commission gets covered, rather than relying solely on the seller’s side. This restructured approach aims to bring transparency and fairness to the transaction, but it also means buyers need to be prepared for a broader range of financing conversations.
How Lenders Are Adapting
The possibility that the buyer might shoulder part or all of the agent’s fee has prompted lenders to explore new financing methods. Some are working on folding these costs into the mortgage, allowing greater flexibility for buyers who prefer spreading out expenses over time. Others maintain a more traditional stance, keeping commissions entirely separate from the loan. This evolving environment ultimately provides buyers with more options, but it also underscores the importance of early planning and clear communication with both lenders and agents.
No Showings Without Representation
Another significant development is that Realtors are not allowed to show homes to buyers who haven’t signed a Buyer/Broker Agreement. This policy protects everyone involved. Buyers get clarity on their obligations and rights, and agents remain compliant with emerging legal guidelines. Although it’s a departure from the informal days when you could casually tour homes at will, this requirement ensures every visit to a potential property is conducted under a mutually beneficial agreement.
Deadman Realty’s Approach
Here at Deadman Realty, we believe these industry changes are an opportunity for buyers to gain more control over their home search. In our Buyer/Broker Agreement, we include special addendums that give you the power to decide whether you want to even consider homes where the seller refuses to disclose or pay any commission to your agent. We also feature a commission-limiting option that can share a portion of your agent’s fee with the seller, ensuring your overall costs stay balanced. It’s our mission to put you in the driver’s seat by offering transparency, flexibility, and protection from unexpected fees.
Taking Action
If you’re ready to start house-hunting but want to navigate these new rules with confidence, Deadman Realty is here to guide you every step of the way. We’ll walk you through your Buyer/Broker Agreement so you know exactly where you stand, help you connect with lenders who understand today’s commission landscape, and ensure you’re making decisions that fit your financial comfort zone. Now more than ever, it’s essential to empower yourself with the right information and the right team.
Reach out to us today to learn how these changes can work to your advantage and to discover the difference that personalized, transparent representation can make. Let’s turn this moment of transition into an exciting opportunity to find and secure the perfect home for you.