Arkansas License Law
If a buyer's agent receives compensation from the seller's side (listing broker) via the MLS, and the buyer signed a buyer rep agreement, the agent must:
AKeep the arrangement secret from the buyer
BDisclose the compensation arrangement and ensure it is consistent with the buyer representation agreement✓ Correct
CRefuse all compensation from the listing side
DDisclose only if the amount exceeds $500
Explanation
A buyer's agent must disclose all compensation arrangements to their buyer-client. Under recent NAR settlement rules, the buyer's agreement must specify how the agent will be compensated, and any compensation received must be consistent with that agreement.
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