Why Take This Course?

The terms of the NAR settlement have impacted the language in 20 of the PAR standard forms many Realtors use. Six of these forms have been highlighted by PAR as having major changes made (and in one case, a totally new form). In this course, these six forms will be reviewed and the changes will be highlighted along with practical information as to how to communicate these changes to your clients (there’s a form for that!). Feel confident that you are representing your clients to the best of your ability while complying with these new regulations by attending.

Learning Objectives:

Upon completion of this session, participants will be able to:

• Explain the terms of the settlement and how this has changed the way the real estate industry operates.
• Identify the six forms that are either new or have substantially changed under the settlement terms.
• Identify what actions trigger the need to execute a buyer’s agency agreement and what must be included in the agreement.
• Understand the mandatory language that must be included in your documents when representing buyers or sellers.
• Understand how MLS rule changes tie into the new language in the forms.
• Be confident in communicating options for compensation and how to memorialize compensation agreements.