Get the Facts on the NAR Settlement

A Guide to Written Buyer Agreements and New FAQs

As part of NAR’s commitment to help REALTORS® navigate the changes required by the recent settlement agreement, NAR has created a new resource for one of the key practice changes required by the settlement and updated the FAQ on facts.realtor  with helpful, new information:

Guide on Written Buyer Agreements

Beginning August 17, 2024, a buyer representative “working with” a buyer will be required to enter into a written agreement with the buyer prior to touring a home, including both in-person and live virtual tours. This resource provides information about what provisions must be included in the written agreement pursuant to the NAR settlement. This guide is available on NAR’s centralized website (here).

FAQ Updates

NAR has added new material and made updates to the FAQ on  facts.realtor. This information provides further clarity on issues including steering (questions 46-49) and written listing agreements (questions 50-53). The format of the FAQ has also been updated to better display the timing of the latest updates.