Brokers and agents continue to adapt to the practice changes implemented as part of the association’s settlement of litigation, which was granted final approval in late November.
Florida agent Vanessa Franz Barnes, ABR, CIPS, recalled navigating the buyer-broker agreement with clients she’s worked with for more than 15 years.
“They bought with me four times [and] never signed anything. This was their fifth purchase with me, so you can imagine how uncertain and overwhelmed I felt about having them sign this agreement,” she said.
After the settlement’s preliminary approval in March, the National Association of REALTORS® launched facts.realtor as a single hub to educate members and consumers. Since then, NAR has continued to add tools to the site, like the “Dos and Don’ts” resources for working with buyers and sellers following the Aug. 17 practice changes.
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