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Under practice changes that will take effect Aug. 17, 2024, real estate professionals will no longer be able to communicate offers of compensation in the MLS. However, offers of compensation will continue to be an option consumers can pursue off-MLS through negotiation and consultation with their real estate professionals.  MLS policies have been changed to […]

Recent events within our industry call for our attention. A jury has rendered a decision against the National Association of Realtors and various brokerage firms in an antitrust lawsuit, which has potential implications for commission practices across the real estate landscape. It's important to note, however, that this is not the final chapter in the story. Appeals are [...]
We have some exciting changes ahead! Our current Agent Referral Program (ARP) will be discontinued on December 9, 2023, to make way for an improved ARP currently in development. No New Earnings During Development: During the development of the new ARP, please note that no new earnings will accrue under the existing program after December [...]

All Associates are reminded of their requirement to report any new transaction within 48 hours of receiving executed documents. Transactions may only be reported at www.updatebroker.com and should only be reported in once. Documents related to the transactions must be uploaded to the brokerage portal for review within 48 hours of the document being fully […]

Last year, NAR reached an agreement with the U.S. Department of Justice to develop rules that more explicitly state what is already the spirit and intent of NAR’s Code of Ethics and MLS policies regarding providing information about commissions and MLS participation.  Outcomes The National Association of REALTORS Board of Directors this week approved several […]

AB 38 created three new requirements for sellers and buyers in many areas of the State – two disclosures and one point-of-sale requirement for inspection (and compliance documentation). A new C.A.R. FHDS form was released the week of June 21, 2021. Disclosure 1: Begins January 1, 2021, Home Hardening Disclosure, reflected in the draft FHDS Form. Disclosure 2: […]

This past November, NAR reached an agreement with the U.S. Department of Justice to develop rules that more explicitly state what is already the spirit and intent of NAR’s Code of Ethics and MLS policies regarding providing information about commissions and MLS participation.   Expected Outcomes In accordance with the MLS system’s long-standing focus on creating an […]

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