New NAR guide explains types of agency to consumers
A real estate professional can help homebuyers and sellers in a number of ways. Not all of them are legal everywhere, but all require disclosure and agreement.
December 7, 2024
NAR consumer guides
- First-time homebuyers may not be who you expect, NAR saysInexperienced buyers have a lot of questions — about financing, buyer agreements, resources for first-timers and more — and agents need to have the answers.November 12, 2024
- Making your pitch: What sellers want to know10 questions every listing agent had better be able to answer, from whether to list on the MLS or offer buy-side compensation to what goes into pricing a home.November 1, 2024
- 10 questions every agent should be able to answerNAR’s latest consumer guide tells buyers exactly what to ask a prospective agent. Agents should be prepared with compelling responses that play up their value.October 25, 2024
More NAR consumer guides
- NAR breaks down listing agreements, how agent pay ties inThe latest consumer guide covers different types of contracts between sellers and their agents, and the “fully negotiable” nature of agent compensation.October 18, 2024
- What NAR wants consumers to know about fair housingEveryone involved in a transaction must steer clear of discriminatory practices, says NAR, warning sellers not to direct their agents to avoid certain buyers.October 14, 2024
- NAR tells sellers they don’t have to list on the MLSIn its latest consumer guide, the association offers general education about MLSs while alluding to the ongoing debate over its Clear Cooperation Policy.Updated December 16, 2024
- NAR to sellers: Concessions could ‘lead to better, faster offer’The new guide from the National Association of Realtors also explains how concessions (which can be used to pay an agent) differ from offers of compensation.September 26, 2024
- NAR tells buyers they can — and should — negotiate with agentsA new guide explains the types of compensation allowed (not an “open-ended amount or a range”), how buyers can ask sellers to pay and when it’s OK to walk away.September 20, 2024
- NAR offers new advice for sellers on agent compensationWith industry rule changes now in effect, the National Association of Realtors has been doubling down on education and outreach to buyers and sellers.September 12, 2024
- NAR to consumers: Agents must put client interests firstWith new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.September 4, 2024
