NASHVILLE, Tenn. (Oct. 2, 2024) – Greater Nashville REALTORS® is excited to introduce a continuing series of National Association of REALTORS® consumer resources designed to help agents who are REALTORS® empower home buyers and sellers following recent practice changes. To date, NAR has published [eight (as of Oct. 2)] installments in the series and will continue to release new resources in the weeks ahead.
“Greater Nashville REALTORS® is dedicated to equipping our members with the tools and knowledge they need to succeed in today’s evolving real estate market,” said Kevin Wilson, Greater Nashville REALTORS® president. “This consumer guide series from NAR offers invaluable resources that help our members better serve their clients by providing clarity on important issues in the buying and selling process.”
The following guides are currently available—in English and Spanish—on facts.realtor:
- Why am I being asked to sign a written buyer agreement?: Covers recent practice changes when it comes to working with a real estate professional as a home buyer.
- Open houses and written agreements: Covers what buyers need to know about touring homes, attending open houses and when a written buyer agreement is needed.
- REALTORS®’ duty to put client interests above their own: Covers NAR’s Code of Ethics that all agents who are REALTORS® must follow and their ethical duties to act in their client’s best interests.
- What veterans need to know about buying a home: Covers what NAR is doing to promote access to financing for veterans and highlights the options available to veteran buyers in their homebuying process.
- Offers of compensation: Covers the process and options available for offering compensation to a buyer’s agent and the reasons why this may be a compelling option for sellers to consider when marketing their property.
- Negotiating written buyer agreements: Covers what home buyers should expect when negotiating a written buyer agreement with an agent who is a REALTOR®.
- Seller concessions: Covers the process and options if home sellers choose to offer concessions to attract buyers or close a deal.
- Multiple Listing Services: Covers what an MLS is and how it aids in the homebuying and home selling process.
- Check facts.realtor for the latest resources
“At the heart of what we do as REALTORS®—who abide by a strict code of ethics – is protect and promote the interests of our clients,” said Kevin Sears, President of the National Association of REALTORS®. “We are committed to making the process of buying or selling a home as transparent and seamless as possible for clients, and this new series of guides provides an exceptionally clear roadmap for the process of working with an agent who is a REALTOR®.”
