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Ensuring Compliance & Transparency: New & Upcoming Bright MLS and NAR Settlement Update Webinar
Monday, July 8, 2024 from 2:00 to 3:00 PM
Join Bright MLS for a live webinar to hear the latest and upcoming Bright MLS updates aimed at ensuring NAR settlement compliance and enhancing transparency for homebuyers and sellers. Register for a session here. Some occurrences of this webinar are already at capacity. Please register for a webinar for available time and date.
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.
Upcoming August:
– Removal of Compensation Fields: Eliminated from Bright and all reports to comply with the NAR settlement.
– Unlimited Coming Soon Status: The 21-day limit will be 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.
Not eligible for continuing education credit.