NEW: Compensation riders for residential contracts

Florida Realtors has released residential contract riders for the Florida Realtors/Florida Bar Residential Contract for Sale and Purchase for compensation and buyer credits. Both riders are now available for download in Form Simplicity.

Credit Related to Buyer’s Broker Compensation (CR-6 FF)

This form may be used when a seller agrees to give a credit to the buyer in a transaction when the buyer has entered into a separate buyer’s brokerage agreement and elects to apply the credit towards buyer brokerage compensation. Click here to learn more.

Seller’s Agreement with Respect to Buyer’s Broker Compensation (CR-6 GG)

This form may be used by the buyer to make the contract contingent on the seller or seller’s broker executing a separate compensation agreement with the buyer’s broker, with terms acceptable to the buyer. This form gives the buyer the ability to cancel the contract if no separate agreement is reached, or the terms of the separate agreement are unacceptable. Click here to learn more.