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3/20 Update: NAR Proposed Settlement | Addressing Common Questions Statements and Misconceptions

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1:05 What Changes are happening NOW?

2:20 Proposed Settlement Rule:
Agent working with a buyer must enter into a written agreement before the buyer tours any home with at least these terms.

3:00 Proposed Settlement Rule:
Any MLS Rule and any existing Offer of Compensation field requiring blanket, unilateral offers of Compensation must be eliminated.

3:27 Proposed Settlement Rule New MLS Rule that prohibits Listing Broker AND Sellers from making Offers of Compensation on the MLS to Buyer Brokers, or disclosing on the MLS Listing Broker Compensation or Total Broker Compensation

5:17 What do the proposed settlement rules NOT prevent?

7:46 Proposed Settlement Rule:
Agent working with a buyer must enter into a written agreement before the buyer tours any home with at least these terms....

11:08 Common Question:
"How can NAR do this to us?"

17:00 Common Statement We've Been Hearing:
"Real estate as we know it is coming to an end."

20:29 Another Common Statement We've Been Hearing:
"Buyer agents are going to suffer the most."

posted by neometanq1