LOS ANGELES , Sept. 24, 2024 /PRNewswire/ — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement on the passage of C.A.R.-sponsored bill AB 2992 (Nguyen):
“The California Association of REALTORS® applauds Gov. Newsom for signing C.A.R.-sponsored bill AB 2992 (Nguyen) into law as part of a package of bills that will strengthen protections for California consumers,” said C.A.R. President Melanie Barker , a Yosemite REALTOR® . “By mandating buyer broker representation agreements, consumers will have more choice and more clarity about the services they are getting from the REALTOR® they choose to help them through a complex transaction.
We commend Assemblymember Nguyen for her commitment to safeguarding consumers and upholding the integrity of our industry.”
Leading the way… ® in California real estate for nearly 120 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org ) is one of the largest state trade organizations in the United States , with nearly 200,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles .
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SOURCE CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)