Florida Realtors® has released new compensation forms and additional resources related to the NAR settlement. They will host two webinars with Juana Watkins, Florida Realtors® General Counsel, for brokers and all members to attend. These new forms aim to provide maximum flexibility to compensation arrangements in a real estate transaction and allow the participants to memorialize compensation arrangements.

Real estate negotiations may seem straightforward in theory, but they require a lot of time and expertise to ensure the successful closure of your client’s deal. As market conditions change, you too must evolve by strengthening your market knowledge, learning to leverage your experience, and understanding the factors that drive decision-making. These strategies can help you navigate the offer process for easier and faster negotiations. As we approach summer, consider the following key tips for securing more deals.

The announcement, shared with REALTOR® Magazine, provides important information regarding the practice changes required for NAR members under the settlement agreement; it also establishes Aug. 17 as the effective date for these changes.

There are still many questions regarding the settlement terms around written agreements. NAR has recently updated its settlement FAQs. Read through the Q&A and understand the industry changes that are coming soon. 

The National Association of REALTORS® leaders have been talking to reporters and members full-time over the past month to correct the record about the association’s decision to resolve nationwide claims brought by home sellers. You can help by challenging inaccurate information that you see appearing in social media posts, news articles, or elsewhere.

Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.

This is a popular question we have been receiving over the past few weeks. This article will help clarify this and is a good refresher on brokerage relationships.

Utilizing buyer broker agreements for each transaction has never been more crucial when it comes to managing expectations efficiently for both Realtors® and their clients. This guideline can help highlight the Realtors® value, articulate a comprehensive action plan, solidify the partnership while protecting them during the buyer process, and specify terms and commission details.

Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.

Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.

Integrating compensation on brokerage or listing agents' websites may be a game changer in helping buyers' agents understand compensation structure. In the future, website functionality may allow amounts to be displayed quickly, giving buyers' agents a clear understanding of the property's details.

Lately, there has been a lot of talk about Realtors® representing buyers and how they need to level up the value they can offer and strategically present it to buyers. Many real estate practitioners across the nation think this will be crucial due to NAR's proposed settlement. Realtors® need to get granular and harness their supernatural sense of what consumers actually want!

The MLS has historically been the go-to place for Realtors® to see compensation structure on the buying side or to communicate compensation as the listing agent. If NAR's proposed settlement is approved, compensation will no longer be in the MLS. 

On Wednesday, March 27th, 2024, The National Association of Realtors® and The Mortgage Bankers Association of America (MBA) teamed up to send a letter regarding NAR's Proposed Settlement Agreement.

The National Association of Realtors® (NAR) proposed settlement is trending across the real estate market. Some of the takeaways that consumers and Realtors® can expect are price transparency, leveled playing fields, seller incentives, and more.

Whether you're a new agent or a seasoned professional, the shared goal among all real estate professionals is to offer expert guidance to your clients. As a Realtor®, you understand the importance of being a trusted source of knowledge and setting clear expectations to deliver maximum value.

This message aims to clarify the implications for our consumers and our valued Realtors® while addressing common concerns and questions.

The National Association of Realtors® (NAR) announced that throughout 2024, they are offering an online version of the popular Accredited Buyer’s Representative (ABR®) designation course free to members. The course is typically around $295 but will not include continuing education credits.