Find the latest on the real estate practice changes with the following resources and upcoming classes. Elevate your knowledge to better serve your clients as real estate professionals.
Background and NAR Settlement FAQs
C.A.R. Broker Compensation Compliance
On November 26, 2024, the court granted final approval of NAR's proposed settlement agreement to resolve class action antitrust claims. More information HERE.
QUICK TIPMake sure to catch C.A.R.'s New Laws webinar recording from this past week! C.A.R. Senior Counsel Robert Bloom reviews new laws pertaining to several important topics, including but not limited to, buyer representation agreements, balcony inspections, new disclosures, landlord/tenant topics, and more! |
Did you know that starting January 1, 2025, all real estate licensees representing a buyer need a signed buyer representation agreement? Read more
Are you a broker or office manager? Do you have questions about the practice changes? Save these numbers for quick access!
For MLS-Related Questions: Broker Assistance Compliance Helpline
• For Brokers and Office Managers ONLY.
• Brokers and office managers can speak to a compliance analyst by calling 909-859-2043 & pressing 3
• The helpline hours are Monday - Friday from 8:30 AM - 4:00 PM
• Email: brokers@crmls.org
• go.crmls.org/brokers/
For Form-Related Questions: C.A.R. Hotline Hours
• All Agents (213) 739-8282
• Broker-Owners, Office Managers, Designated Realtors (213) 739-8350
• Monday- Friday 9:00 AM - 6:00 PM
• Saturday 10:00 AM – 2:00 PM
• www.car.org/helplines/legal-hotline-access/
FORM CHANGES:
C.A.R. released several new and revised standard forms on July 24, 2024. It is imperative that members are prepared to discuss the changes with their clients. C.A.R. will provide training opportunities to members on the use of these forms.
Additionally, OCR will be hosting several upcoming forms classes. Sign up HERE.
Buyer Representation - Broker Compensation (BRBC)
January 15, 10 AM - 12 PM, Online
Your Guide to the Residential Purchase Agreement (RPA-CA)
January 29, 10 AM - 1 PM, Online
Understanding the California Residential Listing Agreement
December 4, 10 AM - 1 PM, Online
January 13, 10 AM - 12:30 PM, Online
MLS CHANGES:
CRMLS resources related to the NAR Proposed Settlement
C.A.R. BROKER COMPENSATION RESOURCES – this site is meant to help REALTORS® how to comply with changes.
NAR Summary of MLS Policy Changes
CRMLS NAR Proposed Settlement Resources
ACCREDITED BUYER'S REP TRAINING
NAR is offering the Accredited Buyer’s Representative (ABR®) Designation to all REALTOR® members for FREE. The ABR® is a prestigious designation in the real estate industry that signifies expertise and excellence in buyer representation. It equips agents with the necessary skills and resources, including how to secure and explain a buyer representation agreement, in order to represent homebuyers' needs effectively throughout the real estate transaction process.
REALTOR® members can take the ABR® course online through a self-paced option or sign up for a live, virtual instructor-led class. To learn more about the ABR® Designation, read the FAQs on NAR's website.
GOT QUESTIONS?
Contact your broker/manager, brokerage attorney, and/or C.A.R. Legal Hotline:
All Agents: (213) 739-8282
Broker-Owners: (213) 739-8350
FOR BROKERS/MANAGERS:
Industry Leader Town Halls are held via Zoom usually twice a month from 11:00am to 12:30pm and provide an opportunity for brokers and key brokerage staff to meet virtually with C.A.R. Leadership, C.A.R. staff and brokers throughout the state to discuss the latest information impacting real estate brokerages and transactions.
Industry Leader Town Halls are open to brokers, office managers, risk managers, and firm principals.
Upcoming Dates:
December 6
Sign up HERE.