Residential Listing Agreement (RLA) Seller’s Compensation Options
Residential Listing Agreement (RLA) Seller’s Compensation Options
BCA – Broker Compensation Advisory – Use this form to discuss with Seller the various options regarding compensation to Seller. There is no form that allows Seller to offer compensation to a Buyer’s Broker.
MLSA – Multiple Listing Service Addendum – Use this form to explain to Seller that no offer of compensation may be made in MLS or other forms of advertising. MLSA paragraph 5 explains possible options for Seller concessions which may include Buyer’s Broker concessions. MLSA 5.B.(2) has a checkbox for Seller to allow Seller’s Agent to put in the MLS that Seller is willing to consider offers asking for concessions. No amount may be specified.
RLA 2.C.(1) – Compensation to Seller’s Broker.
RLA 2.C.(2) – Additional compensation to Seller’s Broker if Buyer is unrepresented. This does NOT mean compensation to potential Buyer’s Broker or for dual agency.
Keller Williams Policy
The minimum acceptable compensation to Keller Williams Realty for performance of brokerage services is 2.5% of the sales price of the property at Close of Escrow, whether our brokerage is representing the Buyer or Seller. If the brokerage is representing both Buyer and Seller the minimum acceptable compensation is 5% of the sales price. Any request for a deviation from this policy must be brought to the Team Leader for review.