THE NEW RULES.

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From The National Association of Realtors 

The NEW RULES FOR REALTORS -THE BOTTOM LINE –

1) SELLERS WILL PAY THEIR LISTING BROKER. ( Atomic charges $599 +1.5% to list your home.)

2) BUYERS MUST HAVE A WRITTEN AGREEMENT WITH A BROKER TO BE SHOWN OR MAKE OFFERS ON HOMES.(Unlike some brokerages Atomic's agreement does not "lock you in" you can leave us at any time. read our agreement under the "buyer's" tab.)

3) BUYERS WILL HAVE A WRITTEN AGREEMENT AS TO WHAT THEY PAY THEIR BUYER’S BROKER – SOMETIMES THE BUYER WILL ASK FOR  A SELLERS CONCESSION  TO PAY THIER BROKER, SOMETIMES FROM THEIR OWN FUNDS.

Sellers -With Atomic you pay a $599 " transaction engagement fee" at the time of listing with us (this fee is non-refundable whether the transaction closes or not.) This fee is for our time of engaging the transaction. Meaning this covers our time for managing the parties, paperwork, taking photos, videos, sign placement and all the other necessary functions.  And at closing you pay 1.5% for all of our other efforts  Your total to Atomic is $599 +1.5%.  We are upfront about what we do for you. No vague or ambiguous promises, just performance. 

TO BE CLEAR,  while Sellers will no longer be directly offering the Buyer’s broker a commission on the MLS and the Buyer's will be paying their own Broker, the Buyer may request a Seller’s "concession"  and/or the Seller may offer a "concession"   to pay the Buyer's broker.  We believe this will be common. (often in the 2-3% range)

A with atomic a seller’s concession MUST be asked for by the Buyer in their “offer to purchase”, (NMAR form 2301) because both the bank and title company need to be aware any concessions and the purchase agreement is where this occurs.

Lastly, the client (Buyer) may want to pay their Broker (The Buyer’s Broker) a fixed fee or a percentage of the listing price commission at closing out of the buyer’s personal funds for the Buyer Broker's services.Thus their will be no request for concessions.