NAR has a new guide about what must be included in a buyer agreement and have updated the information about steering in questions 46-49 and listing agreements in questions 50-53 in their settlement FAQs.
Month: May 2024
C.A.R. is providing new guidance on open house procedures, including the use of registration sheets and non-agency agreements.
Beginning in late June 2024, agents can use the new Open House Visitor Non-Agency Disclosure and Sign-In (C.A.R. Form OHNA-SI) to clearly indicate that they represent the seller and to identify visitors working with other agents.
Additionally, C.A.R. is introducing the Limited Property Representation and Broker Compensation Agreement (C.A.R. Form LPRBC) and the Buyer Representation and Broker Compensation Agreement (C.A.R. Form BRBC) to help establish working relationships with unrepresented visitors. For more details, visit the C.A.R. website.
If you’re using RPR’s Market Trends then you’ll want to know about this new way to access free Canva templates directly within RPR. No more platform hopping. Now, you can easily access Canva from the homepage or Market Trends page of the RPR site.
Once there, use the templates to quickly create eye-catching, customizable postcards, social posts, and custom pages for your presentations. Simply go to narrpr.com, head to “Learn” in the top navigation, and navigate down to “Canva Templates.” You’ll see a “Leaving RPR” message, but don’t worry—you’re on your way to marketing bliss in Canva!
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Downtime Maintenance Window: Wednesday, June 2 from 10pm to 4am PT.
During this time the Paragon MLS system will be unavailable to access (including Paragon, Paragon Connect, PXL, RETS, and BKFS Hosted LAMPS). Please note, this will also include:
- Data Share
- Parallel
- Agent and other websites that rely on data directly from Paragon (such as photos)
- Membership Import tasks/processes
The Department of Veterans Affairs has unofficially announced they will allow VA buyers to directly pay for professional real estate representation. The change was made as a direct result of NAR advocacy which included Bay East leaders taking this request directly to our Congressmembers while in Washington DC earlier this month.
C.A.R. is releasing more than 65 new forms during June and more than a dozen of them will address the NAR settlement agreement. A preview of the new forms is here. (Login is required)
Behind every successful real estate transaction is the MLS’s vast array of services. Discover the diverse tools and programs that support real estate professionals every day. Visit the MLS page to learn the tools and benefits Bay East members have access to.
May marks the celebration of Asian American and Pacific Islander (AAPI) Heritage Month. Organizations like the Asian Real Estate Association of America (AREAA) play a vital role in advancing the interests of AAPI communities in the real estate industry.
Check out AREAA’s 2024 3-Point Policy Plan to boost AAPI homeownership and learn more by reading AREAA’s State of Asia America Report.
Beginning June 3, 2024, when submitting a new listing on Paragon MLS, you’ll notice a helpful reminder prompt. This prompt will appear at the top of the screen, asking you to review and confirm the Expiration Date before finalizing your submissions. Once you have reviewed it, click the Accept button then Save to submit. This additional step aims to prevent any inadvertent listing expirations.
Should you require assistance, please do not hesitate to contact our dedicated MLS Support at 925.730.7100 or email mlsservices@bayeast.org.
See below for an example:
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