MLS Tips
Consumer Guide: Buying Your First Home
So, you’re ready to find your first home. But where do you begin? And what resources are available to help you? Here’s what you need to know as you embark…
Read MoreUnderstanding Class Notice for Consumers
Consumers, New practices by the National Association of REALTORS® (NAR) have recently been implemented. We also want to inform you about an ongoing “class notice,” which may affect you. What…
Read MoreUnderstand Class Notice before August 17
There are just five days left before the implementation of NAR’s practice changes on August 17. Today, we also want to make you aware of “class notice,” which could come…
Read MoreBest Practices for the Cooperating Compensation Agreement (Form 220)
QUESTION: I keep hearing conflicting information about the Cooperating Compensation Agreement (Form 220). Can you take me through the best way to use this form? ANSWER: Sure! Let’s walk through…
Read MoreCompensation – What a broker pays another broker when they bring a buyer
Compensation is what a broker pays another broker when they bring a buyer. It is also called shared commission. This will be prohibited in the MLS in any manner. Here…
Read MoreWhat if a buyer refuses to sign a written buyer agreement before a home tour?
QUESTION: I understand that agents working with a buyer need to have a written buyer agreement in place before touring a home either in-person or virtually. But my question is, what…
Read MoreHow can MLS data be displayed?
NCRMLS will not support any data use, effort, or attempt to create any platform for brokers to exchange offers of compensation (i.e., where offers of compensation are extended to…
Read MoreBCAR Reminds Realtors of Real Estate Practice Change Implementation on August 17
Brunswick County Association of Realtors reminds members, real estate professionals, and consumers that on August 17, 2024 the practice changes following NAR’s Settlement Agreement that would resolve claims brought…
Read MoreNCRMLS Commission Violation Fines
The NCRMLS will implement the new NAR Settlement changes on August 1 and they go into effect on August 17. From August 1 to 16, you’ll have time to adjust…
Read MoreNew Rule by NCRMLS, Owners Name
A message from BCARs MLS Director: Agents, Please update ALL of your listings to include the owner’s full name. This will help you avoid NCRMLS violations and fines…
Read More