Buyer RepresentationSettlement TimelineHARD
The NAR settlement agreement became effective on:
Correct Answer
B) August 17, 2024
The NAR settlement agreement became effective on August 17, 2024. This date marked the beginning of mandatory written buyer agreements and the removal of compensation offers from MLS listings.
Answer Options
A
January 1, 2024B
August 17, 2024C
March 15, 2024D
December 31, 2024Video Explanation3 min
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What must happen if a buyer wants to switch from one buyer's agent to another?
Which entity enforces the new buyer representation agreement requirements?
The written buyer agreement requirement applies to:
The written buyer agreement requirement helps ensure:
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