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LOOKING FOR A HOME?

Mountain View News Saturday, September 28, 2024

THE NAR PRACTICE 
CHANGES EXPLAINEDServing the Sierra 
Madre Communityfor 30+ YearsTo Learn More,
Scan QR CodeCompass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. All material 
presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. 
Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. 
All measurements and square footage are approximate.
626.695.8650 
luther@tsinoglou.comtsinoglou.comDRE #01135433Luther 
TsinoglouYou may have heard about the 
upcoming practice changes by the 
National Association of REALTORS®. 
My goal is to simplify the two key 
changes that went into effect in 
August.
Together, we will navigate the changes 
to rules and regulations in our industry 
while continuing to provide the same 
exceptional service I always have. 
Don’t hesitate to reach out if you have 
any questions.
01 
Every buyer represented by a 
NAR-affiliated agent is now required 
to sign a Buyer Representation 
Agreement. 
This agreement formalizes the 
relationship between the buyer and 
broker before touring properties.
02Buyer’s agent compensation can no 
longer be advertised on the MLS. 
Compensation has to be advertised, 
offered, and negotiated outside of the 
MLS. This can be done through phone, 
email, or in-person conversations with the 
listing agent.
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com