NAR Settlements

The National Association of Realtors has reached a settlement requiring all MLS participants to follow specific rules designed to protect buyers and sellers by ensuring transparency in offers of compensation. Please note that this settlement applies only to residential real estate and only to members of participating MLS. Additionally, not all agents in Puerto Rico are Realtors or belong to the MLS.

The link below provides valuable resources, including consumer guides on written buyer agreements, open houses, key insights for veterans buying a home, tips for negotiating written buyer agreements, information on seller concessions, and details about the Multiple Listing Services (MLS). These materials are designed to promote transparency and help you understand your rights as a buyer or seller, particularly regarding offers of compensation.

For more information please visit this link which provides information to download in english and spanish: https://www.nar.realtor/the-facts