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COMPENSATION AGREEMENT South Carolina REALTORS Form

COMPENSATION AGREEMENT South Carolina REALTORS Form

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hi I'm Jennifer nicely with Pinnacle real estate Academy I am your go-to for real estate and real estate education today we're going to talk about the South Carolina Realtors association's new buyers agency agreement we are talking specifically about the exclusive right to buy buyer's agency agreement which is form 130. now this form came out in March 2023 and there has been a major change but there's only been one major change this major change happened in Section 5 of the form this is going to be on your page two and under Section 5 you had two options of marking your compensation you had option A and you had option b only option A has changed option b has not changed so option A in the old agency agreement had two options underneath it the first option said I'm going to get paid out of the transaction AKA sellers going to pay me the second option said hey buyer you're responsible for paying me now what they have done on this new contract is they have taken out the second option that

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