From Inman News, Redfin to display buyer’s agent commissions in 65 markets
“Redfin first began publishing buyer’s agent compensation in Seattle, then began publishing the compensation on its own listings in every market where allowed in 2019. With this recent change — one that RE/MAX is also undertaking — that data will be available on every listing.”
Strategy credit or not Redfin has always been a leader in this type of transparency . I do like their implementation on this, much more evolved than remax.com
Although, displaying this information is not really a straight forward issue. Sam DeBord has an excellent Twitter thread about some of the pitfalls. Click the image below to read.
But you have to start somewhere. Great to see these two companies take the lead.
They should edit their note to also state that it’s the Listing Broker, not the Seller, offering the compensation.