{"id":10424,"date":"2024-12-06T10:00:00","date_gmt":"2024-12-06T15:00:00","guid":{"rendered":"https:\/\/nationalland.com\/blog\/?p=10424"},"modified":"2024-12-06T12:12:14","modified_gmt":"2024-12-06T17:12:14","slug":"why-landowners-should-offer-buyers-agent-compensation","status":"publish","type":"post","link":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/","title":{"rendered":"Why Landowners Should Offer Buyer’s Agent Compensation"},"content":{"rendered":"\n

Recent changes in real estate policies made by the National Association of Realtors<\/a> have reshaped the way properties are listed in multiple listing services across the country. Sellers are no longer required to offer buyer agent compensation to list their property in most NAR-affiliated MLS. While these changes have fewer implications for land buyers and sellers, they are leading some to reconsider how they approach selling their properties. While most land transactions take place through other platforms, commission of any kind has always been negotiable. So the basic principles of sales have not changed!<\/p>\n\n\n\n

In the land industry, transactions can often involve unique legal and financial situations that require the expertise of a real estate professional to effectively navigate. While sellers are no longer required to cover the commission costs for buyer\u2019s agents for properties listed in a NAR-affiliated MLS,<\/a> there are many reasons why they should.<\/p>\n\n\n\n

Expanded Buyer Pool<\/h2>\n\n\n\n

Many land buyers rely on buyer\u2019s agents to guide them through the complexities of land transactions. Offering commission to buyer\u2019s agents will increase the chances that they\u2019ll show your property to prospective buyers. Buyers may not have the additional funds to cover commission out of pocket or prefer to avoid properties requiring it. Offering compensation to buyer\u2019s agents reduces the chance you\u2019ll miss a buyer.<\/p>\n\n\n\n

Smoother Negotiations<\/h2>\n\n\n\n

Offering buyer\u2019s agent commission can simplify negotiations in transactions that are oftentimes already drawn-out and complicated. Compared to a residential sale, land transactions tend to involve more legal intricacies like zoning, easements, or even mineral rights. As a result, land transactions typically require more knowledge and more time to finalize than residential sales. <\/p>\n\n\n\n

Paying a buyer\u2019s agent removes the friction of negotiating compensation and allows for concentration on negotiations involving price and other items typically covered in a purchase contract.<\/p>\n\n\n\n

Better Marketability<\/h2>\n\n\n\n

The final reason sellers should consider offering a buyer\u2019s agent commission is the positive buyer perception and increased marketability it creates. A seller who is inflexible and unwilling to cooperate with their buyers could deter interest and leave a property to sit on the market longer than it should. Alienating buyers who can\u2019t or will not cover buyer\u2019s agent compensation can substantially reduce the buyer pool. Simple supply and demand tells us we\u2019ll see more competitive offers for a property if more buyers throw their hat in the ring!<\/p>\n\n\n\n

In the world of land sales, strategic decisions like offering buyer\u2019s agent compensation can be the deciding factor in a sale happening or not. By taking this step, you\u2019re showing buyers that you\u2019re serious about selling your land and are willing to work with them to make it happen. If you\u2019ve got more questions about navigating agent commissions, reach out to me at Wdunson@NationalLand.com<\/a> or get in touch with your local Land Professional!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Recent changes in real estate policies made by the National Association of Realtors have reshaped the way properties are listed in multiple listing services across the country. Sellers are no longer required to offer buyer agent compensation to list their property in most NAR-affiliated MLS. While these changes have fewer implications for land buyers and … <\/p>\n

Continue reading “Why Landowners Should Offer Buyer’s Agent Compensation”<\/span><\/a><\/p>\n","protected":false},"author":137,"featured_media":10426,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[11],"tags":[1741,1116,1245,1577,1461],"jetpack_publicize_connections":[],"yoast_head":"\nWhy Landowners Should Offer Buyer's Agent Compensation - National Land Realty News<\/title>\n<meta name=\"description\" content=\"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Landowners Should Offer Buyer's Agent Compensation - National Land Realty News\" \/>\n<meta property=\"og:description\" content=\"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\" \/>\n<meta property=\"og:site_name\" content=\"National Land Realty News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/nationallandrealty\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/profile.php?id=61564015558567\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-06T15:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T17:12:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalland.com\/blog\/wp-content\/uploads\/2024\/12\/AdobeStock_42050302-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wayne Dunson\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@ThisIsYourLand\" \/>\n<meta name=\"twitter:site\" content=\"@ThisIsYourLand\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wayne Dunson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\"},\"author\":{\"name\":\"Wayne Dunson\",\"@id\":\"https:\/\/nationalland.com\/blog\/#\/schema\/person\/4b535d5b875a8d20d1d98ffaff2c79d7\"},\"headline\":\"Why Landowners Should Offer Buyer’s Agent Compensation\",\"datePublished\":\"2024-12-06T15:00:00+00:00\",\"dateModified\":\"2024-12-06T17:12:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\"},\"wordCount\":487,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nationalland.com\/blog\/#organization\"},\"keywords\":[\"buyer's agent\",\"commission\",\"landowners\",\"National Association of REALTORS\",\"wayne dunson\"],\"articleSection\":[\"Selling Land\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\",\"url\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\",\"name\":\"Why Landowners Should Offer Buyer's Agent Compensation - National Land Realty News\",\"isPartOf\":{\"@id\":\"https:\/\/nationalland.com\/blog\/#website\"},\"datePublished\":\"2024-12-06T15:00:00+00:00\",\"dateModified\":\"2024-12-06T17:12:14+00:00\",\"description\":\"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalland.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Landowners Should Offer Buyer’s Agent Compensation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalland.com\/blog\/#website\",\"url\":\"https:\/\/nationalland.com\/blog\/\",\"name\":\"National Land Realty Blog\",\"description\":\"News, insights and information on buying and selling land\",\"publisher\":{\"@id\":\"https:\/\/nationalland.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalland.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/nationalland.com\/blog\/#organization\",\"name\":\"National Land Realty\",\"url\":\"https:\/\/nationalland.com\/blog\/\",\"sameAs\":[\"http:\/\/www.instagram.com\/nationallandrealty\",\"https:\/\/www.linkedin.com\/company\/2448696\/\",\"http:\/\/www.youtube.com\/nationallandrealty\",\"https:\/\/www.facebook.com\/nationallandrealty\/\",\"https:\/\/twitter.com\/ThisIsYourLand\"],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalland.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2017\/07\/3Color_Small_Final.png?fit=324%2C180&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2017\/07\/3Color_Small_Final.png?fit=324%2C180&ssl=1\",\"width\":324,\"height\":180,\"caption\":\"National Land Realty\"},\"image\":{\"@id\":\"https:\/\/nationalland.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalland.com\/blog\/#\/schema\/person\/4b535d5b875a8d20d1d98ffaff2c79d7\",\"name\":\"Wayne Dunson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalland.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2024\/09\/WDunson.png?fit=96%2C96&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2024\/09\/WDunson.png?fit=96%2C96&ssl=1\",\"caption\":\"Wayne Dunson\"},\"description\":\"Wayne Dunson joined National Land Realty in January 2021. He has over 17 years of experience in the real estate industry and has been involved in land development since 2018. Wayne is truly passionate about land. His background in range management and experience with family land provide boots-on-the-ground knowledge of what working farms and ranches are truly capable of providing in terms of enjoyment and long-term investment potential. Wayne is actively involved in several organizations such as the Odessa Board of Realtors, Permian Basin Board of Realtors, Texas Association of Realtors, National Association of Realtors, and the Odessa Chamber of Commerce. He has served on the board for the Odessa Chamber of Commerce, Texas Association of Realtors, and Young Professionals of Odessa, among others. He was also named Realtor of the Year in 2014 for the Odessa Board of Realtors. In his free time, you can find Wayne hunting, fishing, hiking, working out, or firing up the BBQ grill. Wayne and his wife, Alexa, live in Odessa, Texas, with their son, Carter, and dog, Dixie.\",\"sameAs\":[\"https:\/\/nationalland.com\/real-estate-agent\/wayne-dunson\",\"https:\/\/www.facebook.com\/profile.php?id=61564015558567\",\"https:\/\/www.linkedin.com\/in\/waynedunsonrealestate\/\"],\"url\":\"https:\/\/nationalland.com\/blog\/author\/wayne-dunson\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why Landowners Should Offer Buyer's Agent Compensation - National Land Realty News","description":"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/","og_locale":"en_US","og_type":"article","og_title":"Why Landowners Should Offer Buyer's Agent Compensation - National Land Realty News","og_description":"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission","og_url":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/","og_site_name":"National Land Realty News","article_publisher":"https:\/\/www.facebook.com\/nationallandrealty\/","article_author":"https:\/\/www.facebook.com\/profile.php?id=61564015558567","article_published_time":"2024-12-06T15:00:00+00:00","article_modified_time":"2024-12-06T17:12:14+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/nationalland.com\/blog\/wp-content\/uploads\/2024\/12\/AdobeStock_42050302-scaled.jpeg","type":"image\/jpeg"}],"author":"Wayne Dunson","twitter_card":"summary","twitter_creator":"@ThisIsYourLand","twitter_site":"@ThisIsYourLand","twitter_misc":{"Written by":"Wayne Dunson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#article","isPartOf":{"@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/"},"author":{"name":"Wayne Dunson","@id":"https:\/\/nationalland.com\/blog\/#\/schema\/person\/4b535d5b875a8d20d1d98ffaff2c79d7"},"headline":"Why Landowners Should Offer Buyer’s Agent Compensation","datePublished":"2024-12-06T15:00:00+00:00","dateModified":"2024-12-06T17:12:14+00:00","mainEntityOfPage":{"@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/"},"wordCount":487,"commentCount":0,"publisher":{"@id":"https:\/\/nationalland.com\/blog\/#organization"},"keywords":["buyer's agent","commission","landowners","National Association of REALTORS","wayne dunson"],"articleSection":["Selling Land"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/","url":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/","name":"Why Landowners Should Offer Buyer's Agent Compensation - National Land Realty News","isPartOf":{"@id":"https:\/\/nationalland.com\/blog\/#website"},"datePublished":"2024-12-06T15:00:00+00:00","dateModified":"2024-12-06T17:12:14+00:00","description":"\ufeffWith recent changes to real estate policies by the NAR, here are a few reasons why landowners should still pay buyer's agent commission","breadcrumb":{"@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalland.com\/blog\/why-landowners-should-offer-buyers-agent-compensation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalland.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Why Landowners Should Offer Buyer’s Agent Compensation"}]},{"@type":"WebSite","@id":"https:\/\/nationalland.com\/blog\/#website","url":"https:\/\/nationalland.com\/blog\/","name":"National Land Realty Blog","description":"News, insights and information on buying and selling land","publisher":{"@id":"https:\/\/nationalland.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalland.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/nationalland.com\/blog\/#organization","name":"National Land Realty","url":"https:\/\/nationalland.com\/blog\/","sameAs":["http:\/\/www.instagram.com\/nationallandrealty","https:\/\/www.linkedin.com\/company\/2448696\/","http:\/\/www.youtube.com\/nationallandrealty","https:\/\/www.facebook.com\/nationallandrealty\/","https:\/\/twitter.com\/ThisIsYourLand"],"logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalland.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2017\/07\/3Color_Small_Final.png?fit=324%2C180&ssl=1","contentUrl":"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2017\/07\/3Color_Small_Final.png?fit=324%2C180&ssl=1","width":324,"height":180,"caption":"National Land Realty"},"image":{"@id":"https:\/\/nationalland.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/nationalland.com\/blog\/#\/schema\/person\/4b535d5b875a8d20d1d98ffaff2c79d7","name":"Wayne Dunson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalland.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2024\/09\/WDunson.png?fit=96%2C96&ssl=1","contentUrl":"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2024\/09\/WDunson.png?fit=96%2C96&ssl=1","caption":"Wayne Dunson"},"description":"Wayne Dunson joined National Land Realty in January 2021. He has over 17 years of experience in the real estate industry and has been involved in land development since 2018. Wayne is truly passionate about land. His background in range management and experience with family land provide boots-on-the-ground knowledge of what working farms and ranches are truly capable of providing in terms of enjoyment and long-term investment potential. Wayne is actively involved in several organizations such as the Odessa Board of Realtors, Permian Basin Board of Realtors, Texas Association of Realtors, National Association of Realtors, and the Odessa Chamber of Commerce. He has served on the board for the Odessa Chamber of Commerce, Texas Association of Realtors, and Young Professionals of Odessa, among others. He was also named Realtor of the Year in 2014 for the Odessa Board of Realtors. In his free time, you can find Wayne hunting, fishing, hiking, working out, or firing up the BBQ grill. Wayne and his wife, Alexa, live in Odessa, Texas, with their son, Carter, and dog, Dixie.","sameAs":["https:\/\/nationalland.com\/real-estate-agent\/wayne-dunson","https:\/\/www.facebook.com\/profile.php?id=61564015558567","https:\/\/www.linkedin.com\/in\/waynedunsonrealestate\/"],"url":"https:\/\/nationalland.com\/blog\/author\/wayne-dunson\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/nationalland.com\/blog\/wp-content\/uploads\/2024\/12\/AdobeStock_42050302-scaled.jpeg?fit=2560%2C1707&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p7sjRT-2I8","_links":{"self":[{"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/posts\/10424"}],"collection":[{"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/comments?post=10424"}],"version-history":[{"count":2,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/posts\/10424\/revisions"}],"predecessor-version":[{"id":10427,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/posts\/10424\/revisions\/10427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/media\/10426"}],"wp:attachment":[{"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/media?parent=10424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/categories?post=10424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalland.com\/blog\/wp-json\/wp\/v2\/tags?post=10424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}