Recent NAR Lawsuit – Differences in Old our Real Estate Contracts and New Contracts

In the past our contracts, forms and the MLS listings online the buyer’s agent could clearly see the fee they would be getting from the seller. That fee was actually an agreement  that was offered through the MLS sharing of listings. After the settlement we can no longer put this information online through NAR  state or local MLS listings. We used to share our listings and the amount that a buyers agent would get openly online now we can’t do that.  We have to tell the other agent how much a seller is willing to pay on our own private websites, through email, text or phone. This is an additional step, yes it is different than what we did in the past!

How Will This Impact the Real Estate Industry?  ….see more

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About Teresa Larson

Over 20 years real estate experience in the greater Salt Lake City, Utah area. Licensed as an Associate Real Estate Broker in Utah since 2006. Attended ERA Real Estate Top Gun Academy, Certified New Home Specialist. Numerous years of various real estate continuing education. Associates Degree in Business from Salt Lake Community College 2014, Certificate of Proficiency in Web and Graphic Design from Salt Lake Community College 2013. Served the community for 16 years. (1984-2000) as PTA President at Arcadia Elementary, PTA President at Bonneville Junior High, PTA board member for 8 years at Oquirrh Hills, Arcadia Elementary and Bonneville Junior High. Room mother for 12 years! Graduated from Clearfield High School. Currently working at Village Real Estate in Murray, Utah. servicing the greater Salt Lake City, Utah area. Focusing on Salt Lake and Davis counties.