Fresh off a funding round, low-fee, Colorado brokerage Trelora has started outing commission data — again. The company is revealing how much compensation listing agents are offering buyer’s agents through the MLS. Registered users can access the data on Trelora’s website.
- In 2015, Colorado low-fee brokerage Trelora briefly published the compensation offered to buyer’s agents by listing brokers, and now the brokerage is doing it again.
- Trelora says it wants to spread awareness that buyer's agents' compensation is negotiable.
- To comply with MLS rules, Trelora is only making commission data available to consumers who fill out a non-exclusive, non-binding buyer’s agency agreement online.
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Dive into the latest Technology affecting RE, July 17, 2018