• NAR Lawsuit Update

    The NAR has reached a settlement agreement on the class action lawsuits relating to the offer of compensation rule. Details are in the link below. There is much to digest and more info and training will come out in the days ahead. For now, here are eight key points:
    1) Realtors® are well positioned in Utah to continue representing buyers and sellers because of how we’ve been conducting business for the last several decades. 2) The proposed settlement is pending the court’s approval. If approved it will likely take effect sometime later in July. 3) No changes related to the listing broker's offer of compensation on the MLS will occur until mid-July 2024 (assuming the settlement agreement is approved). Continue representing your clients as you have until then. 4) After July, no Buyer Agent Commission (BAC) may be offered on the MLS (stay tuned for more specifics dates). However, listing brokers and sellers may continue to offer compensation for buyer broker services, not on the MLS (e.g., by email, calls, texts, flyers, newsletter, etc.). Offers of compensation to the Buyer Broker are not going away - they are not illegal. 5) Brokers can publish Buyer Agent Commissions for their own listings on their own websites. Although the MLS is prohibited from publishing a BAC, the settlement allows brokers to offer a BAC on their own website for their own company listings. 6) Sellers may agree to pay buyer broker fees and seller concessions in the purchase contract. See the Real Estate Brokerage Payment Addendum. There will likely be updates to Utah forms to address seller paid buyer broker fees as well as updates to the agency agreements in the near future. 7) Written Buyer Broker agreements will be required nationwide. After July, such Buyer Broker Agreements will be required prior to touring properties with the Buyer. Utah Realtors® have been required by Utah law to use Buyer Broker Agreements for years, so this isn’t much of a change. Realtors® will need to improve their skills when representing buyers and better articulate their value just like they have done with sellers. 8) Never represent to your clients that your brokerage services are free unless you receive no compensation for those services.

    In the coming days, we will be working to provide you with best practices and updates to help you be successful in this changing real estate environment.

  • Grant for First-time Homebuyers

    The Salt Lake Board of Realtors® Charity Committee started the American Dream Grant in 2019, because homeownership matters! These American Dream Grants ($7,500 each) help first-time homebuyers with their down payments. The Salt Lake Board is proud to help members of our community achieve the dream of homeownership.
    CURRENT GRANT: All First-Time Homebuyers (3). Applications are due by noon on May 14, 2024. The drawing will take place the next day and Realtors® will be contacted by the Board by the end of that day, regarding whether or not their client is a recipient.
    *Applying multiple times for the same round of grants does not increase your chances of winning.

  • Join Us on Tour!

    Support your fellow Salt Lake Realtors® by visiting their homes on tour each Thursday (9:30am-12:30pm). Tours are done in an open house style (not a caravan), and you can visit as many homes as you like, in any order you choose. This is a great way to market properties, receive feedback, and support fellow Realtors.


  • New Member Cell Phone Plan

    The Salt Lake Board is excited to announce that our partner Previ has added AT&T to their Enterprise Network! Now you can choose between T-Mobile or AT&T at the partner rates listed below.
    -Priority unlimited data, voice, text and mobile hot spot on enterprise 5G networks, keep your cell phone numbers.
    -SLBR Member phone lines are $25/month (T-Mobile) or $30/month (AT&T).
    -Additional lines on the account are only $30/month (T-Mobile) or $35/month (AT&T).
    -No contract.
    -Regardless of your current carrier (AT&T, Verizon, T-Mobile, etc.) Previ can move you to this amazing plan.
    -Even if you still owe on your current device, Previ can move you to this amazing plan.
    CLICK HERE for more details about this awesome benefit! You can also compare your current cell phone bill from that page if interested. If you have any questions about switching to Previ, please text or call their customer service representatives at 385-503-2085.

  • Wealthiest Counties in Utah By Home Value

    The priciest homes in Utah are found in Summit County, according to a new report by SmartAsset. With a median home value of more than $1.1 million, Summit County outshines all other counties in Utah. Wasatch County comes in a close second with a median home value of $808,142, while Morgan County follows with the third highest median home price of $629,066. In comparison, Salt Lake County secures the fifth position in highest median home prices in Utah.


Our Members Are Our Priority

The Salt Lake Board of Realtors® is the Wasatch Front’s voice of real estate and the No. 1 source for housing market information. Founded in 1917, our members include Realtors®, brokers, appraisers, mortgage lenders, title officers and other real estate professionals. As Utah’s largest real estate trade association we value homeownership and fight to protect our members and the public from burdensome government regulations, taxes and fees that adversely affect private property rights. Our four-fold mission includes advocacy, education, communication, and service.

Office Information

Key & Store Hours

8:30 a.m. to 4:45 p.m. Monday-Friday

General Member Service Hours

8:30 a.m. to 5 p.m. Monday-Friday


230 W. Towne Ridge Parkway, Ste. 100 & 200, Sandy, Utah 84070