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> N.A.R.’s chief legal officer, Katie Johnson, sent an internal message to staff that clarified the group’s own interpretation of the rules for agent commission
by gnicholas 3y ago
> N.A.R.’s chief legal officer, Katie Johnson, sent an internal message to staff that clarified the group’s own interpretation of the rules for agent commissions. In that message, which was obtained by The New York Times, she said that while N.A.R.’s policy does require listing agents to offer compensation to a buyer’s broker, that offer can be $0.
Prior to this clarification, I could see how people would think that the compensation would have to be nonzero (otherwise why would you require compensation?).