NAR Settlement and Implementation with Dave Wetzel and Robert Bustamante

(18:54) Dave Wetzel, CEO of MLSListings Inc. and Robert Bustamante, Director of Compliance discuss the changes coming to MLSListings in response to the recent NAR settlement.
In this video, Dave and Robert provide you with details about each major action required by the NAR settlement, including:
- The removal of all Compensation related data fields
- The MLSListings Board of Directors decision on Concessions
- The requirements and enforcement of Buyer-Broker Agreements (Representation Agreements)
- MLSListings Compliance requirements and consequences
Thank you for watching and please email [e-mail] for more information.

[@veronikagigi]

Thank you for bringing us awareness.

[@cassidymcintire7149]

I think CAR just said no compensation can be offered by the sellers?

[@losgatosrealtor]

Thank you for the update.

[@bobjamison1889]

Thank you for the update. Is the commission field still going to be viewable by MLS listing staff event, there is a dispute around the offer of commission?

[@ItsAllAboutYouRE]

Are you asking will the commission field that was in place on the MLS prior to 08/13/2024 still going to be viewable by MLS Listings Staff?

[@bobjamison1889]

@@ItsAllAboutYouRE Yes, if we have a property go into contract before 8/13 and we have a dispute about the buyer commission then we want to make sure that MLSListings can view the data that existed pre 8-13.