Answers by ELLEN MONARQUE

You can still choose to offer compensation to a buyer’s agent,it can help attract more buyers. In some cases, buyers may now be responsible for paying their own agent directly. Everything is negotiable and should be clearly outlined in your listing agreement. As for bringing it up with your realtor, don’t worry, it’s not awkward at all. This is a very normal conversation right now. A simple way to approach it: “Hey, I’ve been hearing a lot about the commission changes, can you walk me through how that works if I list my home?” A good agent will welcome the question and explain your options clearly so you can make the best decision for your situation. At the end of the day, the goal is the same: get your home sold for the best price and terms possible and your agent should guide you on what strategy will help you do that.