Conditional commissions submitted through the MLS offer financial incentives to the buyer’s agent if certain criteria are met. Some examples of conditional commissions include monetary motivation for a full price offer, showing the property or achieving a specific close of escrow date. Per our rules, Subscribers are not allowed to post conditional commissions on the MLS.
There are only two types of compensation offers that are valid on the MLS. You can include one or both of these in your listing.
1. A percentage of the gross sales price
2. A pre-established dollar amount
Outside the MLS?
Subscribers can still make a conditional offer of compensation, just not through the MLS. Including a statement in the Realtor Remarks that informs other Subscribers to contact you prior to submitting an offer is an acceptable alternative.
Madison has been part of the ARMLS family since 2015. As the Content Editor, she brings an extensive background in writing, editing, communication and punnery.