NAR Settlement:

• Buyer Agreements are absolutely mandatory prior to showing properties. Do not show any properties-virtually or in person without a signed buyers agreement. No exceptions. You do not need a buyer's agreement for people that come to an open house unless that person turns into a client.
• All compensation is negotiable (both buyer and seller)-do not fill in the compensation fields on the listing agreement or buyers agreement until you have discussed and agreed to the compensation you will receive for your services.
• The compensation you negotiate in your buyer's agreement is the total amount you may receive for that transaction.
• You are obligated to show homes to a client where no compensation may be offered-only your clients can direct you in this manner.

Real Estate Boards Updated Forms/Bright Mandatory New form.

• All new and updated required board forms are in place and are now ready for use.
• Please refer to each real estate board's individual documents as the compensation fields and accompanying addenda/amendments may be different for each jurisdiction.
• Command Checklists are up to date for required and conditionally required forms. 
• Bright has a new mandatory form that both buyers and sellers must receive and sign called the-MLS Disclosures and Residential Seller/Landlord Options-form (download below). This form may be a bit misleading because it references "listings" but at the top of the form is a checkbox for a buyer or seller. Bright wants all parties to understand what Bright actually does-so buyer only signs underneath the paragraph. Seller signs underneath the paragraph and then selects how they want the property disseminated. This form does not get sent to Bright, it stays with your transaction paperwork.

These are just the overall changes-please refer any other questions you might have to your broker as I know there will be many.