Byron Lazine and Nicole White discuss new NAR consumer guides on the MLS and seller concessions—and a sample buyer agreement contract from Tanya Monestier (the same law professor who authored multiple CFA reports).

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This episode's sources:
https://www.inman.com/2024/09/30/law...
https://www.law.buffalo.edu/content/d...
https://www.nar.realtor/thefacts/con...
https://www.nar.realtor/thefacts/con...
https://www.realestatenews.com/2024/1...
https://www.instagram.com/reel/DAyahC...

Timestamps:

00:00–02:27 Intro
02:27 TOPIC 1: Real Estate News headline: NAR tells sellers they don’t have list on the MLS
04:21 NAR Consumer Guide: Multiple Listing Services (MLSs)
05:19 NAR’s answer to “Am I required to market my home through an MLS?”
05:45 The MLS we printed here (CT)
06:45 “Clear Cooperation reads like this…”
09:08 Jared James clip
12:05 What value does the MLS provide?
13:37 “I believe in complete freedom of choice for the seller.”
14:48 How do I access MLS information?
16:11 “What this guide is really showing you is what NAR has left in the tank…”
18:20 NAR Consumer Guide: Seller Concessions: “How do I know what option is best for me?”
20:24 TOPIC 2: Law professor Tanya Monestier’s buyer agreement sample
21:57 Sample Buyer Broker Exclusive Representation Agreement (on screen)
23:07 These contracts mean absolutely nothing…
26:56 Here’s an interesting part: “Buyer Agrees to Pay Broker Commission”
29:42 Sections B through D of the buyer agreement

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#nationalassociationofrealtors #MLS #buyerrepresentation