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Seller Compensation

New Change Resulting From NAR Settlement Effective 8/2024

SELLER COMPENSATION ADDENDUM

Document Updated: February 2025

Seller Compensation Addendum

The pre-printed portion of this form has been drafted by the Arizona Association of REALTORS®. Any change in the pre-printed language of this form must be made in a prominent manner. No representations are made as to the legal validity, adequacy and/or effects of any provision, including tax consequences thereof. If you desire legal, tax or other professional advice, please consult your attorney, tax advisor or professional consultant.

1. This is an addendum originated by the:

Seller

Buyer

Landlord Tenant

2. Date: 3. Buyer/Tenant: 4. Seller/Landlord:

(“Buyer”) (“Seller”)

The Arizona Association of REALTORS® introduced the Seller Compensation Addendum in February 2025 to enhance transparency regarding broker compensation in real estate transactions. This addendum allows sellers to specify the compensation they agree to pay to the broker representing the buyer, which can be credited to the buyer in whole or in part.

5. Premises: 6. The following additional terms and conditions are hereby included as part of the Contract or Lease Agreement between 7. Seller and Buyer for the above referenced Premises: 8. Seller shall pay Broker representing Buyer compensation, which may be credited to Buyer in whole or in part, as follows: 9. (CHECK ANY THAT APPLY AND FILL IN THE COMPENSATION) 10. Sale: % of the Full Purchase Price or $ at Close of Escrow. 11. Lease: % of the gross rental amount as calculated for the entire term of the initial lease or $ at execution of Lease Agreement. 12. 13. The amount paid pursuant to line 10 herein is in addition to any Seller Concessions credited to Buyer in the Contract, 14. if applicable. 15. This Addendum provides the undersigned’s written consent for Buyer Broker to receive compensation from more than one 16. (1) party to the transaction. 17. Seller and Buyer explicitly intend Brokers to be direct third-party beneficiaries of the Contract and/or Lease Agreement 18. pursuant to this Addendum and either Section 8f or Section 9g of the Contract. The provisions of this Addendum shall 19. survive Close of Escrow. 20. Additional Terms and Conditions: 21. 22. 23. 24. 25. 26. The undersigned agrees to the terms and conditions set forth above and acknowledges receipt of a copy hereof.

27. 28. 29. 30. 31. 32.

Seller

Buyer Tenant

Seller

Buyer Tenant

MO/DA/YR

Landlord

Seller

Buyer Tenant

Seller

Buyer Tenant

MO/DA/YR

Key features include:

Landlord

• Sale Transactions: Sellers can agree to pay a percentage of the full purchase price or a specific dollar amount at the close of escrow.

For Broker Use Only:

Brokerage File/Log No.

Manager's Initials

Broker's Initials

Date

MO/DA/YR

Phone:

Fax: Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com (602) 926-2211 Christine Espinoza

(602) 989-7492

LISTING

• Lease Transactions: Sellers can agree to pay a percentage of the gross rental amount for the entire lease term or a specific dollar amount upon execution of the lease agreement.

Importantly, the compensation outlined in this addendum is separate from any seller concessions credited to the buyer in the contract. Additionally, it provides written consent for the buyer’s broker to receive compensation from more than one party in the transaction. The addendum also clarifies that brokers are intended direct third-party beneficiaries of the contract or lease agreement.

CHRISTINE’S TEAM CALL OR TEXT 602.989.7492