Can a buyer ask the seller to pay the buyer’s broker in further conditions on the PA? Is it OK if, as soon as we get a showing notification, we e-mail/text/call the buyer’s agent and let that person know we will co-op a commission?
Yes. E-mailing, texting, or calling are acceptable means for you to
communicate individually with the agents you need to communicate with. The
conversation just can’t be facilitated through the BLC.
As far as the purchase agreement, IAR currently recommends using
the Further Conditions section, however IAR will be releasing a form addendum
to the purchase agreement specifically for this purpose. We expect this
addendum to be available prior to July 1st.
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