Can a broker offer different offers of compensation to different brokerages or for those who are REALTORS® or not REALTORS®?
If the seller has agreed, varied offers will be allowed. Under the proposed settlement, the requirement that offers of compensation be "blanket and unilateral" is going away. However, brokers should consult with their attorney or the IAR Legal Hotline to avoid any potential violation of fair housing laws or any anticompetitive conduct.
Under the proposed settlement, the requirement that offers of compensation be "blanket and unilateral" is going away. The Seller chooses the offer that best meets their needs. However, brokers should consult with their attorney or the IAR Legal Hotline to avoid any potential violation of fair housing laws or any anticompetitive conduct.