User:Vtaylor/Realty/buyer agent compensation

.. seller willing to consider ...

.. in the end the buyer pays, one way or another

Florida Realtors has released residential contract riders for the Florida Realtors/Florida Bar Residential Contract for Sale and Purchase for compensation and buyer credits. Both riders are now available for download in Form Simplicity.

• Credit Related to Buyer’s Broker Compensation (CR-6 FF) .. This form may be used when a seller agrees to give a credit to the buyer in a transaction when the buyer has entered into a separate buyer’s brokerage agreement and elects to apply the credit towards buyer brokerage compensation.
• Seller’s Agreement with Respect to Buyer’s Broker Compensation (CR-6 GG) .. This form may be used by the buyer to make the contract contingent on the seller or seller’s broker executing a separate compensation agreement with the buyer’s broker, with terms acceptable to the buyer. This form gives the buyer the ability to cancel the contract if no separate agreement is reached, or the terms of the separate agreement are unacceptable.

Buyer Counseling Session A buyer counseling session should include the following elements:

• A warm welcome and introduction of the you and your credentials.
• A review of the agenda and objectives of the session.
• A discovery of the buyer’s needs and wants, such as location, size, style, features, amenities, etc.
• A discussion of the buyer’s financial situation and pre-approval status.
• A presentation of your services and value proposition, including testimonials and references.
• A explanation of the home buying process and timeline, from searching to closing.
• A review of the buyer agreement and its terms and benefits.
• A confirmation of the buyer’s commitment and expectations.