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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
JULY 2024 FORMS UPDATE WEBINARS
REALTORS® must implement business practice changes resulting from the NAR settlement in less than four weeks!
Make sure you’re ready for the August 17, 2024, deadline!
C.A.R. has prepared numerous resources to help members prepare for the changes. Starting today, July 24, several new and revised standard forms are now available in zipForm and other platforms. If you haven’t previewed them yet, access them here.
To learn how to use these forms and prepare for the upcoming NAR settlement practice changes, join C.A.R.’s legal staff for a live July 2024 Forms Update on any of the dates below. Register here.
- Wednesday, July 24, 10 a.m.-11 a.m.
- Thursday, July 25, 2 p.m.-3 p.m.
- Tuesday, July 30, 3 p.m.-4 p.m.
- Friday, August 2, 10 a.m.-11 a.m.
- Monday, August 5, 10 a.m.-11 a.m.
- Wednesday, August 7, 2 p.m.-3 p.m.
- Monday, August 12, 10 a.m.-11 a.m.
- Thursday, August 15, 10 a.m.-11 a.m.
On July 24, 2024, several new and revised standard forms will be available in zipForm and other platforms. Join C.A.R.’s legal staff for a live update on how to use these forms and prepare for the upcoming NAR settlement practice changes. Please note that these updates will not be recorded. Read More..
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
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.
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