Broker FAQs for NEW Forms 8/2024

How do I amend my buyer rep agreement dated BEFORE 6/24/2024?
Have a buyer sign TXR-2406 Amendment to Representation Agreement.
Wed, 21 Aug, 2024 at 9:58 AM
How do I amend my buyer rep agreement dated 6/24/2024 or AFTER?
Have a buyer sign TXR-1505 AMENDMENT TO BUYER/TENANT REPRESENTATION AGREEMENT.
Wed, 21 Aug, 2024 at 9:59 AM
What do I need to do with current listings on the previous listing agreement?
If they choose to continue offering Broker to Broker Compensation, have a seller sign TXR-2406 AMENDMENT TO REPRESENTATION AGREEMENT  If they wish to negot...
Wed, 21 Aug, 2024 at 9:59 AM
Can I call ahead to see if compensation is being offered?
Yes. The question should be “ Are you paying broker to broker compensation or is the seller open to concessions?” If the listing broker is paying broker to...
Wed, 21 Aug, 2024 at 10:00 AM
Can I advertise BAC or concessions to the public through a sign rider, flyers, etc.,?
Yes, you may advertise through flyers, sign riders, social media, but not the MLS. 
Wed, 21 Aug, 2024 at 10:01 AM
When is the short form used?
This can be used if you are performing showing services only, short term listing agreement or for a specific property.  Sometimes you might only use the sho...
Wed, 21 Aug, 2024 at 10:02 AM
How do I get a bonus from a builder?
If your buyer chooses a new construction home that is offering a bonus, the buyer can sign an amendment to the buyer rep agreement adding the bonus.
Wed, 21 Aug, 2024 at 10:03 AM
Open House procedures -what/when do forms need to be signed?
If you are hosting an open house for your listing, or a JPAR listing, no additional forms are needed for buyers to come in and look at the home.  
Wed, 21 Aug, 2024 at 10:03 AM
How do I fill out the forms?
Here are the links to the quick start videos for the new forms. NEW MLS RULES AMENDMENT TO BUYER REP AND LISTING https://vimeo.com/995099979/0521adbc41...
Wed, 21 Aug, 2024 at 10:05 AM