April 2024 Newsletter

Facts First Regarding Settlement Agreement

Misinformation about the National Association of REALTORS® settlement agreement has been pervasive in the media. Learn the truth and the facts you should know.

Remember to visit NAR's Facts for REALTORS® page for a central resource for updates and materials on current events. Communication resources will be updated as needed; readers are cautioned to ensure that the most recent publications are utilized. 

For more information, visit nar.realtor/the-facts or click the button below.


Notice for New Employment Agreements

The Arizona REALTORS® has prepared a drafts of the following forms. Member Feedback was requested by Friday, April 26, and is pending approval.

Buyer-Broker Exclusive Employment Agreement

Non-Exclusive Buyer-Broker Employment Agreement

While all suggestions will be reviewed and discussed by the Workgroup, some suggestions may not be implemented. Once the form is completed, it will be submitted to the Risk Management Committee (RMC) for approval. If the form is approved by the RMC, it will then be submitted to the Executive Committee for final authorization.

To learn more about Arizona REALTORS® forms, click the button below.


Refurbished Supra Keyboxes Available

The NAAR office has refurbished Supra eKEY Lockboxes available for $85, limited to two per agent. Please email naarflag@nazrealtor.com.

MLS Rules and Regulations Reminder:

Member Participants and Subscribers must use an approved key, i.e., the Supra eKEY Lockboxes, in accordance with the terms and conditions specified by the Supra Keyholder Agreement (the “Supra Agreement”) or in addition to these additional policies.

Keyholders must maintain the security of each Key and the Personal Identification Number ("PIN") of each key, if applicable, to prevent the use of the Key by unauthorized persons, including disclosing to any third party (Section 2: G.2). Entering a combination lockbox code or security system code in any field of the MLS System is considered a 3rd party disclosure (Section 9.4.2: F.10). Please remove any code/combo codes from the listing as soon as possible.

If you sellers have stated they do not wish to have a lockbox on the property please send NAAR the part of the contract that states such.


April is Fair Housing Month

Every April, REALTORS® commemorate the passage of the Fair Housing Act of 1968 and reflect on housing discrimination and segregation, past and present. As community leaders, real estate professionals have an opportunity to be a part of equitable and inclusive change. Fair Housing Month signifies a recommitment to advancing equitable opportunities and expanding homeownership.

Like to learn about the world from podcasts? Check out Fair Housing podcast recommendations from NAR by clicking the button below.


Upcoming Events

Register for local NAAR events directly on our website using the button below. If you’re interested in volunteering with NAAR next month, contact Community Outreach Chair, Alison Rucker at alison.rucker@wvmb.com for more information.

5/2 – Lunch 'n Learn: Carbon Neutrality Information (LUNCH 'N LEARN)

5/11 – Is Real Estate Right For Me? (COMMUNITY OUTREACH)

5/13 – Artificial Intelligence in Today's Real Estate Market (CONTINUING EDUCATION)

5/15 – Flagstaff Family Food Center (COMMUNITY OUTREACH)

5/23 – May Membership Luncheon

5/27 – NAAR OFFICE CLOSED: Memorial Day


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MLS Complaint Summary

March 27 - April 25

Click to view AAR Disciplinary Actions

MLS Rules and Regulations Reminder:

Keyholders must maintain the security of each Key and the Personal Identification Number ("PIN") of each key, if applicable, to prevent the use of the Key by unauthorized persons, including disclosing to any third party (Section 2: G.2). Entering a combination lockbox code or security system code in any field of the MLS System is considered a 3rd party disclosure (Section 9.4.2: F.10). Please remove any code/combo codes from the listing as soon as possible.

Note: Violation fines collected by NAAR are used to fund community support activities. NAAR does not benefit from MLS fines and would like to see the number of fines reduced!

Please take a moment to review our NAAR MLS Rules and Regulations HERE and our NAAR Penalty Policy HERE.

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March 2024 Newsletter