California REALTORS® commend passage of C.A.R.-sponsored AB 2992 (Nguyen)

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.)