Comments on MLS Tesseract: Bonuses and Conditions on MLS Offers of Compensati...

@Indy: You said "One way to stop it is for se...

2009-09-24T15:44:47.837-05:00

@Indy: You said "One way to stop it is for sellers to demand an agent copy of the MLS listing for their home." My understanding is that the listing broker probably has to disclose the bonus offer to the seller no matter what. Do you think that's true? Why would the seller object, assuming her agent argues it's a good idea to increase interest?

@Frank: The bonus offers

I think the bonuses are treated like regular commi...

2009-09-23T21:44:00.204-05:00

I think the bonuses are treated like regular commisions and aren't allowed to be conditional.NAR says percentage "OR" flat amounts. But that can be interpretted to be an "and/or"

Can you write about why the compensation field is hidden from the public? Our mls forbids me to publish this. Why can't the consumer have this info?
Frank

Brian - Our Board is actually pretty good about n...

2009-09-23T21:10:03.156-05:00

Brian -

Our Board is actually pretty good about not allowing exceptions in the agent to agent remarks. Your "possible scenarios" are a concern as I see more of this going on. One way to stop it is for sellers to demand an agent copy of the MLS listing for their home. Agents shouldn't put in the MLS what they don't want their seller to know.