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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Related Topics & Key Terms
Related Topics:
mls-systemsbuyer-broker-compensationindustry-regulationscommission-disclosure
Key Terms:
NAR settlementMLS participationbuyer representation agreementSitzer Burnettcommission reform
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