The terms of the NAR settlement have impacted the language in 20 of the PAR standard forms many Realtors use. PAR has highlighted six of these forms as having major changes made (and, in one case, a totally new form). In this course, these six forms will be reviewed and the changes will be highlighted along with practical information as to how to communicate these changes to your clients (there’s a form for that!). Feel confident that you are representing your clients to the best of your ability while complying with these new regulations by attending.

Learning Objectives

• Explain the terms of the settlement and how this has changed the way the real estate industry operates.
• Identify the six forms that are either new or have substantially changed under the settlement terms.
• Identify what actions trigger the need to execute a buyer’s agency agreement and what must be included in the agreement.
• Understand the mandatory language that must be included in your documents when representing buyers or sellers.
• Understand how MLS rule changes tie into the new language in the forms.
• Be confident in communicating options for compensation and how to memorialize compensation agreements.