We know you've been receiving volumes of emails in preparation for the implementation of the NAR practice changes. It's a lot to digest - which is why we've consolidated much of the key information from GCAAR, Bright MLS, Maryland REALTORS® and NAR into the following resource guide to help you better prepare.

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GCAAR

• We released new and updated forms on July 16, which we compiled over four months in collaboration with almost 50 members from 15 brokerages and five affiliate offices. They are available on the GCAAR website.
  • Forms #1341, #301, #910 & #920 updates
  • Forms #1301, #1302, #1306 & #1339 updates
  • Forms #875 & #876 updates
• Review the recording and PowerPoint presentation from our forms overview webinar.
• GCAAR members can review the recordings and PowerPoint presentation from our forms training with instructor John Nalls. (Login required)
• GCAAR continues to watch the situation and listen to member feedback for future updates in order to put you in the best possible place to serve the public. 

Bright MLS

• Overview of all updates
• Settlement FAQ
• Overview of concession updates
• MLS listing forms
• 2024 Rule Update Comparison Chart
• Live webinars (recording is also available)

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Maryland REALTORS®

• August 12 video statement from CEO Chuck Kasky
• Proposed settlement changes & resources
• New and updated forms now available for use
  • As of 8/19, Maryland REALTORS® has published new versions of the amendments to its brokerage agreements that do not include an amendment key, highlights or red strike-throughs.
• Legal guidance forms videos
• Changes and practice tips

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NAR

• Offers of Compensation, covers the process and options available for offering compensation to a buyer's agent
• 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
• Consumer Guide to Written Buyer Agreements, a one-page, consumer-friendly guide on written buyer agreements
• Open Houses and Written Agreements, defines key terms in the settlement in consumer friendly terms and explains when agents are required to enter into written agreements with buyers 
• REALTORS’® Duty to Put Client Interests Above Their Own, explains how a REALTOR® should act in their client’s best interest and how the changes combat unlawful practices 
• Practice change refresher – and supplemental resources
• Settlement-related resources are available at facts.realtor. These include:

• Full settlement agreement language
• Settlement overview
• Settlement FAQs
• Summary of MLS Policy Changes
• Window to the Law explainer video series
• A broker's guide to upcoming practice changes
• Timeline for key milestones
• Written buyer agreement 101 guide
• Opt-in agreement forms and instructions

Also be sure to review REALTOR® Magazine for additional, practical guidance about how you and your business can adapt to these changes.