Recent rules prevent listing agents from advertising buyer agent commissions. Some lenders let you roll the commission into your mortgage instead, but you need a lender who knows how to do it legally. Creative financing can turn into fraud if it's not structured right.
Well, what we're seeing is that fundamentally not a whole lot has changed other than the fact that the listing agent can't post what the buyer's agent is going to be paid. If push comes to shove, I can build the buyer's agency commission into the loan.
Back to the seller's concession fees?
Um, no, not even from that. Oh, and a lot of lenders, they used to have a dropdown in all the software for —so relate back to versatile mortgage— and by the way, not to interrupt you, but by the way, doesn't come out of their pocket. They don't have to bring that to the table. I can build it in the loan. It's another circumstance how we do that, but now we'll get— yeah, yeah.
So basically, dealing with the uncertainty going forward of the messiness with the calculation about how the buyer's agent may or may not be compensated, that's it to me, another reason to really work with a lender who can navigate, not, you know, I mean, you and I had a good discussion about being creative can sometimes mean being fraudulent or illegal, but rather than being in this case, really just understanding all of the complexity involved in how to do, how to stay within legal and ethical bounds and yet still help the client achieve the goal that they want to achieve. Right. Because a lot of that just comes down to not, not understanding how to structure the loan. Right.
And you need to be more versatile.
