Arizona real estate licensees:
February 3, 2011
Message from Commissioner Lowe:
All real estate licensees, active and inactive, received this alert from Commissioner Lowe as a courtesy to inform licensees that Arizona will vigorously enforce the recent FTC rule which describes who can and who cannot negotiate short sales and the conditions under which a person may negotiate and who may or not be paid.
ADRE will begin enforcement of the “MARS” rule on March 1, 2011.
Click here to download the rules for Arizona licensees as co-written by Judy Lowe, AZ RE Commissioner and K. Michelle Lind, General Counsel for the Arizona Association of REALTORS(R).
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