NAR Adopts New Rule Requiring a Response by a Listing Agent to an Offer
The National Association of Realtors has amended NAR Code of Ethics, Standard of Practice 1-7. Effective January 1, 2019, a listing broker or agent will be required to respond in writing to an offer, which was submitted to the seller, if the cooperating broker requests such response. The listing agent must respond in the affirmative unless the seller has provided written notification waiving the obligation to have the offer presented.
Shannon B. Jones, Partner firstname.lastname@example.org