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Five Star Real Estate Buyer/Seller Tool kit

It's all about framing the new situation, adapting, and knowing your value.

Welcome to the Five Star's Buyer/Seller Tool Kit website! Here, you will find valuable information about the NAR (National Association of Realtors) commissions settlement case, guidance on how to navigate it as a Realtor®, and a comprehensive FAQ section. Whether you're a seasoned real estate professional or a newcomer, these resources will help you understand the new procedure. 

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What is Changing?

What we know for sure

  • Commissions will no longer be disclosed

  • Before you show a house or "work" with a buyer the buyer will need to sign:

  1. ​A Disclosure Regarding Agency Relationships

  2. Either a Property Showing Agreement or a Buyer Agency Agreement

Go to NAR's FAQ & Resource Page

How to Get Paid

Directly by the Seller

Commission will be paid directly by the Seller to the Selling Brokerage. These terms will be agreed upon within the purchase agreement before or at the time of the offer.

Seller Concession

 Co-op Compensation

Seller pays the Listing Brokerage. The Listing Brokerage pays a portion to the Selling Brokerage. Be sure to call the listing agent to verify it’s part of the listing contract.

HOW DO I
GET PAID?

Directly by the Buyer

Seller pays the Buyer a concession. Some/all of the concession may be used to pay the Selling Brokerage. *Caution - See FAQ’s.

Negotiated on a Buyer Agency Agreement, commission will be paid directly by the Buyer to the Selling Brokerage.

What Forms

What Forms Do You Need to Use?

New Forms

Exclusive Buyer Agency Contract

View Document

Exclusive Buyer Agency Contract (Easy Out)

View Document

Property Showing Agreement

View Document

NAR Forms Help
Q&A

How Do I Talk with my Clients About the Changes?

Watch Q&A's from our Broker Support Team

Tracy Johnson Broker Support
Doug Hale Broker Support
Kim Anderson Broker Support
Cindy Beckwith Broker Support
Paul Carlson Broker Support

Download Five Star’s Buyer/Seller Tool Kit to explore a comprehensive guide including FAQ’s, Dialogue Scenarios, Objection Handling, and more.

Still Have Questions?

Our Broker Support Team is always here! Give us a call and we'd be happy to answer any questions you may have. 

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