When the NAR settlement was announced, it signaled significant changes in our industry. The removal of compensation information from the MLS threatened to create confusion, leaving agents without a simple way to access critical data. Recognizing the challenges ahead, after months of research and collaboration with industry experts and legal advisors, I developed a Central Compensation Hub—as a solution designed to meet agents’ immediate needs while aiming to be compliant with the new regulations.
This Central Compensation Hub empowers agents by allowing them to input and control compensation details for their listings, ensuring accurate data entry and fostering transparency. Importantly, it was built with the intent to be compliant, giving you peace of mind while you focus on your work.
• Agent-Controlled Data: Agents manually input their listing compensation details, ensuring full control over their data.
• Efficient Searches: Search for compensation details on a per-listing basis using just the address, providing essential information without overwhelming data.
• Compliance and Transparency: Designed with compliance in mind, adhering to NAR settlement guidelines through careful design and agent-driven data entry (not from the MLS).
• Nationwide Availability: Available nationwide, intended to be compliant across all markets, so you can use it confidently, wherever you are.
FeeCentral isn’t just another app to me; it’s the culmination of my commitment to real estate professionals and the challenges you face every day. I assembled a dedicated team to create tools like the Central Compensation Hub specifically designed with agents' needs in mind. Our goal is to simplify your work, keep our industry moving forward, and provide the tools necessary for success, all while focusing on being in compliance with new regulations.
Your trust is incredibly important to us. I’m dedicated to making FeeCentral a reliable resource you can count on. If you have any questions, concerns, or feedback, please don’t hesitate to reach out to us at help@feecentral.com.
I’m excited to contribute a product that truly benefits the hardworking agents in our industry. Together, we can make our Central Compensation Hub an essential tool, streamlining your tasks, and enhancing efficiency.
Thank you for using FeeCentral. Please share this with your network to help every agent discover a tool that’s designed to support us all—safely, transparently, and designed with legal guidance to be compliant with the NAR settlement.