“Can I provide a Stanley cup as an incentive for buyer agents?”
January 24, 2024
*Please note: Any questions regarding Legal Hotline Spotlights should be submitted via the Virginia REALTORS® Legal Hotline. Our attorneys are unable to respond to questions through our comments section.
Q: If I have a residential listing, can I offer and advertise a Stanley cup as a bonus to the buyer’s agent at closing?
A: Yes, you can offer incentives to buyer agents. However, even if the incentive is something tangible (like a Stanley cup) or intangible (like a commission rebate), it should be noted on the settlement statement so that the lender is aware of it.
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