Why Can't I View Buyer Agent Compensation (BAC) on listings?

The directive of the 2024 NAR settlement includes removing the practice of offering a unilateral blanket offer of compensation on listings from the Multiple Listing Service. For the BLC this means an adjustment to our Rules and Regulations to prohibit the communication of agent compensation from the listing service, including all tools and systems provided to participants and subscribers. This policy change will encourage bilateral negotiation process between Sellers and buyers in deciding how agent representation will be paid through the transaction.

To support this change, new listings entered beginning July 1, 2024 will not contain compensation information. Three fields will be removed:  Buyer Agent Compensation,  Buyer Agent Compensation Type, and Variable Rate Commission.

These fields will continue to be included on the listing reports for off-Market listings for historical reference.

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