Published: September 24, 2024
California REALTORS commend passage of C.A.R.-sponsored AB 2992
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) 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."