The National Association of REALTORS® (NAR) recently implemented major updates to its MLS Policies, which impact how agents communicate compensation expectations and require written buyer agreements. 

Effective August 17, 2024, these new rules promote transparency in real estate transactions. Docusign has proactively updated its tools to help agents comply with these changes seamlessly.

Key updates in Docusign’s eSignature for real estate:

• Simplified purchase agreements: With Docusign eSignature for Real Estate, agents can access updated, pre-tagged forms aligned with the new NAR rules, including relevant addendums and concessions. The Transactions Workspace further simplifies document management by providing a customizable space to store and send required forms, reducing compliance risks.

• Streamlined buyer agreements via mobile: The Docusign mobile app enables agents to collect buyer agreement signatures directly from a mobile device, allowing quick document access and signing anytime, anywhere. This tool ensures compliance with the new requirement for written agreements before home tours and enhances the client experience.

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