For the first time in the Charlottesville area, I saw this in the agent’s remarks in an MLS listing today: a Realtor is not offering a Buyer-Broker commission; the Buyer is responsible for paying their Buyer Agent, and the Seller is responsible for paying the Seller’s agent. Makes sense, no?
I can’t wait to hear what other (local) Realtors’ response to this news.
Update 03/08/2008: Rather than poke anyone in the eye, I have edited this post from the original. In the original, I quoted from the “agents’ remarks.”
Update 03/10/2008: To fully understand the concept of Divorced Commissions and the debate and fear surrounding the concept, start reading at BHB.