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Bright MLS changes compensation policy

From Real Estate News, Bright MLS to allow $0 buyer broker commissions

“Bright, which serves a major portion of the Northeast, announced on its website that starting Aug. 9 it will allow users to put in a blanket offer for buyer brokers — including an offer of zero dollars. Previously, the lowest allowed amount was one cent, so it is a very small change in terms of dollars and cents, but a significant one in terms of transparency, Bright contends.

“We are making this small change to underscore the complete flexibility of Bright subscribers to engage in transparent negotiations with their clients,” Bright noted in the announcement.”

Times they are a-changin’

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