Buyer Broker Agreements | What Realtors Must Do Post NAR Settlement | CAAR President Dennis Riccio

Join Dennis Riccio, President of the Central Arizona Association of REALTORS®, as he explains how the 2024 NAR Settlement changed buyer-broker compensation rules — and what every Arizona REALTOR® must do to stay compliant.

Starting August 17, 2024, all REALTORS® must have a written buyer-broker agreement before showing any home. Dennis covers why this matters, how it protects both agent and buyer, and the forms Arizona REALTORS® should use to comply.

📘 Topics Covered:
• Key NAR Settlement requirements for buyer-broker agreements
• CAAR and AAR policy updates (Aug 2024 forms)
• Exclusive vs. One-Time Showing Agreements
• Risks of showing without a signed agreement
• Arizona statutes (ARS § 32-2151.02 & § 44-101(7)) you need to know
• Best practices for educating buyers and protecting your commission

🏡 Key Takeaway:
Written buyer-broker agreements are now the foundation of professional practice in Arizona. They create clarity, transparency, and legal security for both agents and clients.

👥 About CAAR:
The Central Arizona Association of REALTORS® supports REALTORS®, brokers, and affiliates serving Payson, Pine, Strawberry, Happy Jack, and the broader Rim Country region.

🔗 Read the full article:

#ArizonaRealtors #BuyerBrokerAgreement #NARSettlement #RimCountry #DennisRiccio #CentralArizonaRealtors #RealEstateLaw #PaysonAZ #RealtorEducation #BrokerCompliance