Have you heard about the changes happening with the National Association of Realtors?

What else is going on in the world of Maui Luxury?

Here are the September updates!

NAR Updates

The National Association of Realtors (NAR) has implemented significant changes following the settlement of the Sitzer/Burnett lawsuit, which will impact how real estate transactions are conducted in the U.S. These changes took effect on August 17, 2024, and focus on transparency and fairness in real estate practices, especially concerning how commissions are handled in Multiple Listing Services (MLS).

Key changes include:

  1. Removal of Compensation Offers from MLS: MLSs can no longer display commission offers from listing brokers to buyer brokers. While compensation can still be negotiated off-MLS, it is no longer a requirement to list or view such offers on MLS platforms.
  2. Mandatory Buyer Agreements: Agents are now required to have a written agreement with buyers before they can tour homes. This ensures that the buyer understands the agent’s role and compensation terms upfront.
  3. Prohibition on Filtering Listings: Agents cannot filter or restrict MLS listings shown to clients based on the compensation offered to the buyer's agent. This aims to ensure equal access to all listings, regardless of commission levels.
  4. Clear Disclosure of Commissions: Agents must clearly disclose their compensation in writing and ensure that clients are aware that commissions are fully negotiable.

These changes are part of broader efforts to increase transparency in real estate transactions and provide consumers with more control over the homebuying process.

Maui’s Top 3%!

Robyn and Mark are excited to share that they've been recognized as part of Maui’s top 60 real estate agents! This honor reflects their unwavering commitment to real estate, and they are deeply thankful to their clients for the trust and support that have made this recognition possible.

What does it mean for YOU when you choose a top 3% real estate agent?

Proven Success: This top 3% is recognition is not just an award—it’s proof of a consistent record of surpassing client expectations. You can trust that you’re in capable hands with the Maui Luxury Team.

Trusted Expertise: Whether you're searching for your dream home or selling a property, Robyn and Mark provide experience-based guidance every step of the way, ensuring you feel confident and informed throughout the process.

Personalized Service: Understanding that every client’s needs are unique, Robyn and Mark prioritize getting to know your goals and tailor their approach to ensure the best outcome for you.

Explore Maui Investment Properties and More!

Looking to buy or sell? Robyn and Mark can help you navigate Maui real estate and investment properties! If you have questions, call (808) 757-8053 or submit a contact form here.