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Compliance Blog: Dual Variable Y/N

Dual Variable Y/N in the MLS is a disclosure question only, hence the Y/N. In a nutshell dual variable means that the seller will pay their listing broker, Broker A, X% if Broker A is the procuring cause of the successful transaction or seller will pay listing broker, Broker A, Y% if Broker B is the procuring cause of the successful transaction for the property. NAR Code of Ethics, Standard of Practice 3-4. Do you have any questions about Dual Variable? Share them in the comments below and we’ll answer them asap. Read more [...]

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