Offers of compensation will continue to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals. Offers of compensation help make homeownership and the benefits of professional representation more accessible to buyers, including first-time homebuyers, increase homeownership opportunities for historically underserved groups, and benefit sellers by expanding the potential buyer pool.
Regarding Intermountain MLS specifically, our updated Rules & Regulations expressly prohibit discussing compensation, commission, or making references to these topics in any field within
the MLS.
Violations WILL result in the following:
$1,000- first offense
$2,000-second offense
$4,000-third and consecutive offense