In March 2024, the National Association of REALTORS® (N.A.R.) reached a settlement agreement where real estate agents were required to have a written agreement with a buyer before showing properties listed on the Multiple Listing Service (MLS). While this was a major step forward in improving transparency and accountability, the California Association of REALTORS® (CAR) had already begun efforts in 2023 to pass a more comprehensive bill to protect California consumers. These efforts culminated when AB2992 was signed by Governor Gavin Newsom on September 24th.