About this episode

The episode discusses hidden clauses in MLS listings that can affect buyer's agent commissions and the implications for sellers and buyers in the real estate market.

Most sellers have no idea there's a hidden clause buried in their MLS listing that can cut their buyer's agent's commission — and potentially cost the deal. Ariel and Adrian break down broker remarks: what they are, why listing agents are using them to protect their own commission, and what it means for you as a seller, buyer, or realtor working in today's market. We'll break down: > What broker remarks are (and why the public can't see them) > The 1% commission reduction clause and who it actually benefits > Why buyers should never call the listing agent directly > The conflict of interest in double-ending a deal > What RECO now requires before any agent can show you a home > How buyer representation agreements protect everyone in the transaction VIDEO SECTIONS & TIMESTAMPS 0:00 Intro 2:25 What are broker remarks? (The section sellers can't see) 3:31 The 1% commission reduction clause explained 6:17 Why listing agents shouldn't double-end deals 9:04 Who actually wins with this clause? 12:46 What RECO now legally requires before any showing 14:13 Do sellers even know this is in their listing? 19:18 How buyer representation agreements protect everyone 23:35…

People in this episode

Hosts: Ariel Kormendy, Adrian Trott

Topics covered

• broker remarks
• commission reduction
• real estate
• buyer representation agreements
• conflict of interest

Keywords

• MLS listing
• commission
• real estate market
• RECO
• double-ending deals

Mentioned in this episode

Places: Milton, Ontario, Halton Region, Peel Region, the Greater Toronto Area

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