A Morning with My BNI Business Brewers Family
This week, I had the pleasure of being the Feature Presenter at my weekly BNI Business Brewers meeting — hosted at the always-friendly Ugly Rooster Café in Malta, NY.
Our BNI chapter is filled with passionate, driven professionals from across Upstate New York, all working to build stronger communities through connection and service. This week, I had the opportunity to share one of the most important topics in today’s real estate world:
The NAR rule change that took effect on August 17, 2024.
⚖️ The NAR Settlement Explained
The National Association of Realtors (NAR) settlement brought meaningful changes to how buyer broker compensation is handled in real estate transactions.
For sellers, the biggest shifts are in choice and transparency:
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💡 You can still offer compensation to buyer brokers — it’s optional but remains a strategic marketing tool.
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✍️ Any offer must now be approved in writing by the seller before being made.
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🚫 Compensation offers can no longer appear on the MLS, but they can be promoted through off-MLS channels like social media, websites, and flyers.
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💰 Sellers may still offer buyer concessions (such as closing cost credits) directly on the MLS.
These changes emphasize informed decision-making and clear communication between all parties.
🏠 Why This Conversation Still Matters
Even though this change took effect in 2024, I still discuss it daily with clients and the public.
Buying or selling a home is one of the most important financial decisions most people make — and understanding the process brings clarity and peace of mind.
Many homeowners and buyers are still asking:
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“Should I offer buyer agent compensation?”
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“What does this mean for my listing or my offer?”
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“How does this impact my negotiation power?”
These are the types of conversations I have every day — helping people navigate new rules while staying focused on their goals.
🧭 My Role as a Realtor® — Educate. Protect. Empower.
My approach to real estate is simple: educate first, guide with integrity, and empower clients to make confident decisions.
Every seller’s situation is unique, so my job is to:
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Outline the pros and cons of offering buyer-agent compensation
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Ensure transparency and documentation throughout the process
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Create custom marketing plans that highlight each property’s value
It’s all about helping homeowners sell with confidence — no guesswork, no surprises.
💡 The Takeaway: Knowledge Is Protection
As I shared with my fellow BNI members, change in real estate isn’t something to fear — it’s something to understand and navigate together.
“Knowledge isn’t just power in real estate — it’s protection.”
The more we learn and share, the stronger our industry becomes — and the better we can serve our communities with clarity and care.
📞 Let’s Continue the Conversation
If you have questions about how these NAR changes affect you — as a buyer, seller, or fellow professional — I’m here to help you make sense of it all.
📱 Call/Text: 518-514-8830
📧 Email: [email protected]
🏠 Miranda Real Estate Group
💬 Helping You Sell with Confidence
