Dual/Variable Rate Commissions
The legal team discusses the rules for disclosing dual or variable rate commission arrangements.
Podcast - October 8, 2024
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Check out Caveat REALTOR®, a podcast from the Virginia REALTORS® legal team. You’ll be able to listen on the go with this entertaining (and informative) format of legal updates. Now available through iTunes, Spotify, Stitcher, and GooglePlay. Don’t forget to subscribe and rate!
Here are our latest episodes:
The legal team discusses the rules for disclosing dual or variable rate commission arrangements.
Podcast - October 8, 2024
In this video, Jon clarifies what is no longer allowed, what is still allowed, and how to know the difference when it comes to cooperative compensation. VAR’s FAQ…
Video - September 9, 2024
The Legal Team provides an overview of the NAR Settlement after the changes have been in place for a few weeks.
Podcast - September 3, 2024
Can you offer seller concessions in the MLS with NAR’s new rule change? Does an advertisement of seller concession automatically bind a seller to the amount advertised? Find…
Video - August 20, 2024
The Legal Team discusses how to stay compliant when providing required disclosures to your client.
Podcast - August 20, 2024
What essential updates does your team need to know? Share these resources in your next sales meeting! See all sales meeting kits.
Sales Meeting Kit - August 1, 2024
On August 10, 2024, a new rule will go into effect, allowing buyers using VA loans to pay broker-related fees. Watch this video to learn the ins and…
Video - July 25, 2024
The team discusses NAR’s practice changes for working with buyers, specifically how to comply with both the practice changes and existing Virginia Law.
Podcast - June 25, 2024
The Legal Team Discusses updated guidance from the VA regarding buyer agent commissions.
Podcast - May 28, 2024
VAR Staff Counsel, Sean Olk, discusses what a variable rate commission is, how to agree to a variable rate commission with a client, and the disclosure requirements when…
Video - March 15, 2024