Thank you for your comment, these are valid points. In California, which is where I am licensed, for the past several decades, commission paid to a buyers agent (and commission paid in general) has always been negotiable. I am having a hard time actually seeing the benefits for a seller. As, should they want to expose their property to as many buyers as possible, they will want to offer compensation so that more buyers can afford their property. In fact the newly incorporated Broker Compensation Advisory that has recently been incorporated into the listing agreement says exactly that: B. Offering Compensation to a Buyer’s Broker is Negotiable: Sellers and seller’s brokers are not required by law or otherwise to offer compensation to buyer’s brokers. The promise of payment from the seller’s broker to the buyer’s broker may lead to a quicker or more efficient transaction because: (1) Knowing the overall cost of broker compensation at time of listing allows a seller to more easily calculate the seller’s net proceeds when evaluating offers and counter offers; (2) The seller’s property may become more attractive to buyers who need a loan to finance the purchase price, since buyer’s broker compensation would be paid from the seller’s proceeds at the time of closing, rather than “out of pocket” by the buyer who may have limited funds. Many buyers have limited funds after paying a deposit, a down payment, property inspections costs, and other costs for closing. These buyers may be more likely to write an offer for the seller’s property if they are able to effectively finance the buyer broker compensation into the cost of their loan rather than coming up with additional funds. By making the seller’s property attractive to all buyers, regardless of their ability to directly pay a buyer’s broker, the pool of prospective buyers for the seller’s property will likely increase; (3) Offering compensation to buyer’s brokers allows the seller to inform brokers representing prospective buyers they can rely on the efficient payment of their compensation without adding to buyer’s closing costs. So yes, compensation is negotiable, it has always been negotiable. It will now just require more paperwork and communication to accomplish the end goal for all! Thank you for engaging your insight is appreciated!

@@shemeika_fox so is the theory, you pay your agent? I pay my agent.? To me that would be the lawyer theory. if that’s the case, why would a buyers agent actually want to sell a house if it’s not their listing?

My takeaway is that if you want to sell your property then you will still want to offer buyers agent compensation to the buyer. Otherwise they are going to simply steer their clients away from your property. And since it's not listed in the MLS they'll just call and ask the listing agent. Is this correct?

That is true and hopefully it will do just that!

I am really excited to see how this one turns out!! It will definitely be an improvement to what is there currently.

Great question. We used contact cement. Are you considering building a leather bound desk? I love working at it. It’s warm and beautiful!

Where did you get that information? That the project was shut down by the city? And where do you currently live?

I agree! I think it will help professionalize our industry. How do you think it will affect real estate?

We use appropriate vendors starting with a home inspection in order to learn about each property. Appraisers are used to confirm the value of the property for the bank, if you are getting a loan.

Thank you for the recommendation!

Thanks! I have a good mic, it was just in my hand. Ill have to get it closer to my mouth. :)

@@shemeika_fox aham, it'll improve the quality of your video.

Thank you! @@kris4897

Thank You!

Great feedback and I love the Berry Farm!

The sellers really enjoy their neighbors. Though I suppose anytime you have neighbors it can be a worry. :)

I thought so too.. I wonder why it sounded that way? Please let me know if the next sounds better!

Have you ever bought or sold real estate without a Realtor?

That's the $418 Million Question!! ;)

Thank you for the insight!

I couldn't agree more!!

That is absolutely on the list!! I love a long beach walk!! Where is your favorite place to walk on the beach?

Well said and I agree!

Come join in the fun!!