Most broker owners in Washington State belong to the Northwest MLS. They voted to amend the rules and forms in an effort to create more transparency in the real estate transaction in particularly for disclosing the amount of commission the seller is offering to pay the FIRM for the buyer’s agent. Traditionally, the seller pays the commission to the Listing agent’s firm and that firm shares it with the firm that sells the property to a buyer.

In some cases, the seller may not offer to pay a buyer’s agent’s firms commission leaving that negotiation between the buyer and their agent.

A video I produced is available on YouTube at: