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HDAOR MEMBER NEWS
Beginning August 17, 2024, offers of cooperative compensation will not be allowed in an MLS listing. Find out how new rules affect offers of compensation and how offers may be communicated, and be prepared for the practice changes. Read More..
The new Concessions in Price fields function very differently from previous offers of compensation
Let’s clear up some confusion
Here is our complete (as of now) elaboration on what to expect with the new concession fields that have just been added to the MLS and what it means for when compensation fields go away in August.
Important Dates
On May 29, CRMLS introduced new entry fields to our MLS systems which we call the Concessions in Price (CiP) fields. You can read more about them in our CiP FAQ. In addition, starting August 13, following the settlement of the NAR commissions lawsuit, new Rules and Policies updates will remove mentions of compensation in the MLS. You can find more information in our Rules & Policy Changes summary.
Concessions vs. Compensation
Based on the timing, you may think that CiP fields are simply replacing concessions fields. This is NOT true. Concessions and compensation work fundamentally differently. READ MORE…
CRMLS Rules & Policy Changes
https://go.crmls.org/crmls-rules-policy-change-summary/
Concessions in Price (CiP) FAQs
C.A.R. Open Letter
We would like to introduce the 2025 HDAOR Board of Directors!
- Michael Knight
- Joseph Hisquierdo
- Larry Mason
- Martin (Bo) Goulet
- Chris Lamoreaux
- Wendy Ramey
- Cecil Volsch, Treasurer
- Fidel Carranza, Most recent Past President
- Colleen Couse, Director
- Kim Jarrard, Director
- Mathilde Kirkland, Director
Special Townhalls on C.A.R. Forms
C.A.R. has released new and revised standard forms as part of its semi-annual update.
C.A.R. leadership and legal staff will conduct a series of townhalls and training sessions over the coming weeks beginning July 10, with additional training throughout August. Some of these sessions will be recorded and can be viewed on the page below for future reference.
Additionally, C.A.R.’s online class on the new buyer representation form will be made available free of charge to C.A.R. members. The forms will be released in zipForm® and other forms platforms on July 24.
In order to be in full compliance by August 17, when the mandates of the NAR settlement go into effect, it is imperative that C.A.R. members are ready to use the new forms and prepared to discuss the changes with their clients. Register and attend one of the C.A.R. townhalls below. You may attend more than one Townhall; however, each one will cover the same material.
Townhall Registration HERE
Click HERE for more information on C.A.R. New Forms & Business Practice Resources
- Forms Implementation & Training Schedule – this one-sheet provides a snapshot of important dates, member town halls, and education classes related to the new forms.
- FREE C.A.R. Education Classes: C.A.R. Buyer Representation and Residential Listing Agreement Bundle – this new 2-course package allows C.A.R. Members to take the courses online at their own pace, free of charge. Detailed instructions on how to claim these free courses are provided on the site.
- FAQ on July 2024 Forms Release – this document addresses the most commonly asked questions related to the upcoming July Forms Release.
- July 2024 New & Revised Forms – view each new and revised form that will be released into zipForm® and other platforms on 7/24. All form changes are notated in red. Additionally, you can access the Quick Summary Guide, which highlights each form change in a chart.
Realtors, Spread the word for us!
Ethics Classes
*** Join us for a class below to satisfy your Ethics requirement ***
The Ethics course must be completed this triennial 2022-2024. Come take your mandatory Ethics course with us via zoom before December 31, 2024.
REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time by December 31, 2024.
The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. Training may be completed through NAR’s online courses or through another method, such as online or classroom courses via local/state associations. Read the consequences for failing to complete Code of Ethics training. READ MORE HERE
Take the Online Course:
Existing members wishing to fulfill the Code of Ethics Training Requirement use this link. Existing members do not do the new member course, this course will not fulfill the requirement..
New Members wishing to fulfill the Code of Ethics Training Requirements use this link.
Questions? please contact Rosemary at 760-244-8841 or email Rosemary@hdaor.com
Already taken your Code of Ethics course for the current cycle January 1, 2022- December 31, 2024? Email your certificate to Rosemary@hdaor.com.
CONSUMER NEWS
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The Everything Guide to Buying Your First Home
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We won’t lie: The process can be complex and stressful—especially if you are a first-time buyer. Having a real estate pro by your side can make all the difference.
What a California REALTOR® Can Do For You
California REALTORS® are trained, local experts who do more than just show you homes; they help deepen your understanding of the market, offer invaluable advice and guidance, negotiate on your behalf, and are relentless in finding a home that matches your unique needs. Read More…
Directory of Assisted Living Facilities in California
Choosing the right assisted living facility for yourself or a loved one is one of the most important decisions you will need to make as a senior, and so thorough and detailed research of potential facilities is critical. Read more..
C.A.R's Champions of Home
Discover how a REALTOR® can help you!
Owning a home in California is more than a dream. California REALTORS® help make it possible. Here’s what you need to know to navigate today’s real estate market safely…
Tips for Buyers and Sellers
What you need to know about Buying and Selling
So, you want to buy a home here in California? Or maybe you’re ready to sell and move on to your next big thing. Either way, REALTORS® are here to help.
REALTORS® are your trusted advisors and confidantes who will guide you through the process safely and effectively. Here are five things to consider while buying and selling in today’s market.
