Removal of Compensation in the MLS

10 Day Count Down

This email explains the removal of compensation in MLS on August 15, 2024, action items that members need to take to ensure compliance, where you can communicate offers of compensation after August 15, how it effects other property types, forms to consider using, and fines for non-compliance.

Working with Buyers? Required Written Agreements

8 Day Count Down

This email provides details on the required written buyer agreement, what is required within that agreement, who is entitled to see that agreement, what it means to "tour a home", how this effects other property types, open houses, refusal to show property, forms to consider using, and fines for non-compliance.

REPLAY: Space Coast MLS Policy Changes Video

On Thursday, August 8 we hosted a ZOOM webinar reviewing the Space Coast MLS Policy Changes pursuant to the NAR Settlement. All changes to Space Coast MLS are effective August 15, 2024.

To Do & FAQ Ahead of August 15 Space Coast MLS Changes

6 Day Count Down

This email provides a To-Do list to be compliant with Space Coast MLS Changes pursuant to the NAR Settlement effective August 15. It also contains an FAQ of questions we have been receiving, and a breakdown of the Florida Realtors Forms to consider using.

Official Notice of the MLS Rules and Governing Document Changes:

July 30, 2024

This email serves as notice of the following mandatory changes from the National Association of REALTORS to the MLS Rules and Regulations and the Bylaws pursuant to the National Association of REALTORS Settlement Agreement. This email was sent on Tuesday, July 30. On August 15, 2024 this notice will be displayed when you login to the MLS. You will be required to acknowledge receipt of the notice and changes to move forward.

Seller Concessions

July 29, 2024

This email provides detailed information regarding seller concessions and the new MLS field added on listing entry.

This field is not intended to replace compensation in the MLS. Be sure to check with your Broker for any office policies regarding Seller Concessions.

Know the Facts: Facts.Realtor

We encourage all members to visit the FAQ on Facts.Realtor for questions and answers regarding the NAR Settlement:

NEW! Transaction Brokerage: #80 - #85

Offers of Compensation: #27 - #48

Steering: #49 - #52

Written Buyer Agreements: #58 - #79

Financing: #105 - #111

Join us for Network and a Nosh

Date: Wednesday, August 14

Time: 4:00 pm - 6:00 pm

Where: Pineda Inn Bar and Grill

Come join us for some good ol' fashion networking and a nosh (bite to eat) member mixer on Wednesday, August 14. Let's get together, relax, regroup, and bid farewell to the offers of compensation in the MLS.

Your first drink is on us.