Secure payment provider Payload The company is launching a new payment and billing tool specifically for buyer’s agents, according to an announcement Thursday.
Payload said in a press release that it created the solution in response to national association of realtors Nationwide Commission Litigation Settlement Agreement, and Potential Changes to Buyer Agent Compensation.
Payload anticipates that due to required buyer agency agreements and MLS cancellation compensation packages, some agents will explore different fee structures such as upfront fees that factor into the final commission, hourly fees, showing fees, etc. Pricing service fees for contract negotiation.
Payload designed a tool to help agents bill buyer clients. The tool offers flexible payment operations, allowing customers to choose from multiple payment methods including credit card, mobile wallet or ACH as well as itemized invoices.
