05/27/2026
NC Realtors pay attention to these form changes. I'm excited about some of these! I love that due diligence delivery will coincide with banking days, although I would prefer a set number of days to deliver DD, because I think it would be more clear. I also love that there will be no option in the standard listing Agreement for the Firm to offer buy side compensation, nor will there be a set amount of buy side compensation for the seller to agree to in this Form. Also, while I would have preferred that any buy side compensation request be directly on the 220, I am happy that the 220 will officially be an addendum to the 2T contract and that sellers will not sign it ahead of time.
I have been telling Agents for the last year +, stop asking about buy side compensation before showings, stop having your sellers offer a specific buy side compensation amount upfront......it usually isn't in the seller's best interest. I'm so excited that what I have already been practicing will be the new Norm this year. Thank you NCREC!! As Agents we must always change and adapt, be flexible, role with new rules, stop hanging on to "how it used to be done"
https://www.ncrealtors.org/wp-content/uploads/070126formchangessummary-residential.pdf?fbclid=IwY2xjawSDwD5leHRuA2FlbQIxMABicmlkETE5dFplUWFhSEZ1aExMMkp1c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHtKKUCiwnWJHc1MQEIRYqKyraNpEQsFC6bqBf4-S4sTJ47qQZ-ibyuSIaptt_aem_W_3TDY8g_WBk1k2Tq6i3FA