nar dog agreement

NAR Reaches Agreement with DOJ on MLS and Commissions Rules

In accordance with the MLS system’s long-standing focus on creating an efficient, there are rule changes that re-affirm that MLSs and brokerages, as always, must provide consumers all properties that fit their criteria regardless of compensation offered or the name of the listing brokerage.

While NAR has long encouraged buyers’ agents to explain how they expect to be paid, typically through offers of cooperative compensation from sellers’ agents, there will be a rule that more definitively states that buyers’ agents cannot represent their services as free to clients.

Finally, with the seller’s prior approval, a licensed real estate agent will have access to the lockboxes of properties listed on an MLS even if the agent does not subscribe to the MLS.

Please follow and like us:
onpost_follow
Tweet
Share
Scroll to top