New language will give state and local associations greater clarity in how to fairly and consistently enforce NAR’s Standard of Practice 10-5 prohibiting discrimination and harassment.
Although a range of factors are working against aspiring homeowners today, with continued pent-up demand, more inventory coming online and rate cuts expected in the fall, NAR Chief Economist Dr. Lawrence Yun expects an upturn in the second half of 2025. He shared his economic forecast during the REALTORS® Legislative Meetings this week.
The following forms changes are effective on July 1, 2025:
The Residential Rental Listing Contract (#2048) and the Residential Lease (#2118) were revised to align more closely with the language used in the listing and sale contracts, particularly regarding broker compensation. To support these updates and ensure consistency, a new form, Broker Compensation Rider—Residential Lease (#2109a), was also created.
Catch up on key moments from the REALTORS® Legislative Meetings as recorded on the Advocacy Scoop Podcast's latest episode, packed with timely insights.
What you’ll hear:
Plus!
For the first time, this episode also includes bonus content, with a panel of NAR tax experts providing deeper analysis on the latest tax bill.
Title: The New Matrix Experience: What’s New, What’s Improved, and What’s Next
Date & Time: Thursday, June 12th at 2:00 PM
Duration: 45 minutes + live Q&A
Overview: Whether you’re a long-time user or just getting started, this session will offer valuable insights into the latest improvements designed to enhance performance, user experience, and overall functionality.
If the new statuses still feel a little fuzzy, here is a handy visual MARIS Status Guide to help make sense of it all! Click the photo for a printable version. Thank you!
We want to extend a heartfelt thank you to everyone who generously donated supplies this week to support the victims of the recent tornado in St. Louis. Your kindness and quick response are making a real difference in the lives of those affected.
Thanks to the St. Charles REALTORS® REACT team — we were able to deliver the first round of much-needed supplies.
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