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Topic
Ensuring Compliance and Transparency: New Bright MLS and NAR Settlement Updates
Date & Time
Selected Sessions:
Mar 19, 2025 10:00 AM
Description
Join us for a live webinar to hear the latest Bright MLS updates aimed at ensuring NAR settlement compliance and enhancing transparency for homebuyers and sellers.
Recent Updates:
- New Seller Concession Fields: Available at listing entry and close for better agent-client communication.
- Client Disclosure Form: Newly available to ensure clarity and compliance.
- Removal of Compensation Fields: Eliminated from Bright and all reports to comply with the NAR settlement.
- Unlimited Coming Soon Status: The 21-day limit has been removed, requiring only the Expected On-Market Date.
- Listings Entry Clarification: MLS Entry Date must be within 2 days of the listing term beginning, which is the first date any potential buyer may learn about the property
- New Disclosure Form Requirement: Mandatory for all clients, providing essential disclosures and clarifying MLS marketing opportunities.