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Cooperative compensation sharing minisite for both resale and rental listings

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Services for Real Estate Pros with RealBird Inc.

We updated and renamed this popular RealBird feature. The RealBird Buyer's Agent Commission Sharing Minisite feature has been available since early April, following NAR's announcement of the settlement, which took effect on August 17.

This feature allows you to add commission details to your RealBird listings—information that is no longer permitted on MLSs. These compensation details can then be shared through an automatically created, access-code-protected minisite. Alternatively, you have the option to publish it publicly on your RealBird single property website.

Recently, we expanded this feature to include rental listings as well. To reflect this broader application, we’ve renamed the tool from Buyer's Agent Commission Sharing Minisites to Cooperative Compensation Sharing Minisites. This new name aligns with the industry’s terminology and better represents its use for both sales and rental listings.

It's important to note that our current understanding is that MLSs do not allow any references or links to commission details to be shared in remarks. Therefore, we advise against sharing RealBird cooperative compensation links on your MLS in any form.

We’d love to hear your thoughts on this update! Please take a moment to try out the new feature on RealBird and share your feedback with us.

 

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