Latest PAAR News

AAR Legal Recommendations for NAR Lawsuits In the case of Burnett v. NAR et al, on Tuesday, Oct. 31, the jury found NAR and the co-defendants liable. The plaintiffs claimed real estate commission rates are too high, buyer brokers are being paid too much and that NAR rules and corporate defendants’ practices lead to set pricing.…

Prescott Area Association of REALTORS® receives Business Award PAAR recognized by Prescott Chamber of Commerce with Excellence in F/I/R/E Award On Thursday, October 25th, PAAR was given the Excellence in F/I/R/E Business award from the Prescott Chamber of Commerce. This award is given to a Chamber member business that displays outstanding professional services to their…

Prescott Area Association of REALTORS® recognized for Community Service PAAR receives Community Outreach Award from AAR Last Thursday, October 19th, PAAR was given the Local Association Community Outreach Award for our service with Meals On Wheels. Earlier this year, PAAR’s Community Service and Outreach Committee worked with the local chapter of Meals on Wheels to…

Annual Fall Food Drive 2023 Another Successful Fall Food Drive in Chino Valley Last Thursday, October 19th, the PAAR Community Service and Outreach Committee held its annual fall food drive in Chino Valley. The committee holds this food drive twice a year, collecting hundreds in monetary donations and boxes of non-perishable food items for the…

NAR Advocacy Efforts Helped to Avert Government Shut Down NFIP Extended, Shutdown Averted Following a massive advocacy blitz by the National Association of REALTORS®—which included a rare nationwide call to action—Congress passed a last-minute spending deal Saturday to avert a government shutdown and extend the authority of the National Flood Insurance Program (NFIP). The bipartisan agreement…

TOP TEN REASONS TO USE THE BUYER BROKER EXCLUSIVE EMPLOYMENT AGREEMENT When a seller signs a listing agreement, the seller understands how much they are going to pay for the broker’s service.  In contrast, most buyers do not understand the MLS offer of compensation or the concept of procuring cause.  The Arizona REALTORS® Buyer Broker…