Buyer RepresentationSettlement ScopeMEDIUM
The NAR settlement affects which of the following?
Correct Answer
C) All real estate agents and brokers accessing MLS systems
The NAR settlement affects all real estate agents and brokers who access MLS systems, regardless of NAR membership or brokerage size. The changes apply to the MLS platforms themselves.
Answer Options
A
Only NAR membersB
Only large brokeragesC
All real estate agents and brokers accessing MLS systemsD
Only buyer's agents, not listing agentsVideo Explanation3 min
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What must happen if a buyer wants to switch from one buyer's agent to another?
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The written buyer agreement requirement applies to:
The written buyer agreement requirement helps ensure:
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