New Year, New NAR Policy Updates

All Professional Standards changes are in effect as of Jan. 1, so they’re effective now. MLS policy changes are effective as of Jan. 1, but local Realtor®-owned MLSs have until March 1 to adopt the changes into their local rules.

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NAR Adopts Changes to MLS Policy

The changes ensure disclosure of compensation offered to buyer agents, ensure listings are not excluded from search results based on the amount of compensation offered to buyer agents and reinforce that buyer brokers do not represent their services as free. The changes take effect Jan. 1, 2022.

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Pent-Up Demand for Homes Expected Following Pandemic

“Coming out of this, I believe we’re going to see a lot of pent-up demand. People will have spent a lot of time in their homes, thinking ‘how can I remodel?’ or ‘I really need to move to find another home that works better for my family’,” according to Dr. Jessica Lautz, vice president of Demographics and Behavioral Insights at the National Association of Realtors®.

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Pennsylvania Realtors® rave about NAR’s C2EX program

“The C2EX course was very easy to finish and very informative as well. It offered a great combination of information about technology use in our business, the importance of customer service and quick reminders about professionalism and ethics for dealing with the public and other Realtors®. I enjoyed the review of such important information in a concise manner, easy to use program. This should be on everyone’s list to complete this year,” said Maryellen O’Brien, a Realtor with Keller Williams Real Estate in Doylestown. 

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