William Raveis Real Estate, Mortgage & Insurance’s Post

Dear William Raveis Family, At William Raveis, we believe that sales associates are our customers. That is why over the last six months our management team has been diligently preparing agents for the upcoming Buyer Broker changes. Legal Counsel is also closely monitoring all 26 Multiple Listing Service (MLS) Boards from Maine to Florida and report we're ahead of schedule with MLS compliance. Here is what our agents need to know: 1. Written Buyer Broker Agreements will be mandatory in all states prior to touring a home with a Buyer. Exclusive Right to Represent Buyer Agreement are now available in SkySlope. The Compensation section must be filled in or else risk not being paid at all. 2. Listing Agreements are being changed to make clear to Sellers that offers of compensation are optional. The most important takeaway is that offers of compensation are still allowed, but they just can't be on the MLS. Listing Brokers can advertise offers of compensation on: Raveis.com, signs and riders, social media posts, and by text, email, and phone. Let me add, there is no better time than now to partner with William Raveis Mortgage. Our finance experts will sit down with your buyers to discuss loan options, pre-qualifying, how much home they can afford, plus how to finance Buyer Broker fees with your mortgage. Being proactive, with help from mortgage and insurance, can lead to better outcomes for all. Mark your calendar for 1pm, Thursday next week (August 15th) for our live Town Hall NAR Discussion! This is a mandatory session where you will gain first-hand brokerage guidance and insights from Bill, Chris, and Ryan before the August 17 change. Chris sent an invitation to your Raveis inbox last Friday, so be sure to register today. And the moment you have been waiting for: First Pitch at Fenway and Congratulations Paula Burke, our winning agent. William Raveis is proud to be The Official Real Estate Company of the Boston Red Sox, a family company that shares our values and commitment to the community and millions of fans worldwide. Go Team! With gratitude, Bill

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