The FTC’s rule will be effective beginning in mid-August. NAR is currently reviewing the rule and its impact and will provide updates.
MLSs and brokerages seeking to be released under the settlement agreement must act by June 18, NAR said.
Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.
Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.
Florida Realtors’ legal team will discuss the proposed NAR settlement of the antitrust litigation during a live online video meeting on Thursday. Realtors are encouraged to submit questions in advance.
NAR issued a statement following inaccurate media coverage that included the false representation or suggestion the association requires a 6% commission.
New and updated forms are available in Form Simplicity, a Florida Realtors member benefit.
Florida Realtors President Gia Arvin said the state association “looks forward to continued opportunities for our members to provide their expertise and valued services.”
A listing broker didn’t tell their seller they received a finder’s fee from the buyer – but the fee didn’t impact the Realtor’s honest and ethical advice. Why is it an issue under the Code of Ethics if the finder’s fee was negotiated before taking the listing?
Your exhausted seller received five offers in one day. Four are over asking price, but the last one offers $50,000 less, possibly making it a waste of time for an already overwhelmed seller. Must you still present it? Perhaps not – but only under very specific conditions.
