Did you know there are 4 Ways to Pay Buyer Agent Compensation?
If you are a home buyer... YOU WILL BE REQUIRED to sign a "Buyers Representation Agreement".
The real estate world is changing fast because of the NAR settlement. Now, buyer agents will need written agreements, and how they get paid is up for negotiation. What happens if a seller won’t help pay the buyer agent?
In this video, David Wakefield explains what the NAR settlement means and how it will affect you as a home buyer, home seller OR as a Real Estate agent representing a buyer or sell.
Here’s what you’ll learn:
1️⃣ **How Agents Get Paid:** Learn the four main ways buyer agents will get paid after the settlement and how to explain it to your referral partners.
2️⃣ **Financing Options:** Find out how you can make your the real estate agent you selected get their agreed upon compensation. Structuring financing correctly will make sure deals don’t fall apart.
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DAVID WAKEFIELD, NMLS 180383
Producing Branch Manager
DavidWakefield.com
904.394.1398
David Wakefield started his career in Mortgage Lending in 1994 and has assisted over 4,000 families obtain mortgages. He has been featured on the radio, TV and has written article on the subject of mortgage lending and personal finance. He is a producing branch manager with PrimeLending, A PlainsCapital Company. All information presented is for educational purposes only and is used to help you as the viewer in your home buying or selling process.
All loans subject to credit approval. Rates and fees subject to change.
©2023 PrimeLending, a PlainsCapital Company (PrimeLending). (NMLS: 13649) Equal Housing Lender.
PrimeLending is a wholly owned subsidiary of a state-chartered bank and is an exempt lender in FL. V010918
David Wakefield
PrimeLending
Office: 904-394-1398
Fax: 866-241-1521