NAR Settlement Compliance
The August 2024 NAR Settlement changes everything. OfferBrain AI keeps your brokerage compliant.
Key Date: August 17, 2024
All brokerages must implement new buyer agency and compensation transparency requirements.
Written Buyer Agency Agreements
Required before showing any property. OfferBrain tracks agreement status for every buyer client and flags non-compliance.
Compensation Transparency
Buyer agent compensation must be disclosed on every offer. OfferBrain includes a compensation disclosure field on all offers.
MLS Changes
Offers of buyer agent compensation removed from MLS listings. OfferBrain's market analysis adjusts accordingly.
Seller Concession Tracking
When sellers agree to contribute to buyer agent fees, documentation is required. OfferBrain tracks every concession.