Dear Members,

I hope this message finds you well. Your Board of Directors recently gathered to discuss the challenges our industry is facing.

It was clear from our discussion that staying informed is key to helping us help you. We're committed to keeping you informed about any important updates or changes in our industry.

It's crucial that we keep ourselves updated to promptly relay any new information or significant industry shifts.

At this tumultuous time, we urge you to engage in conversations with your brokers about these industry changes, especially concerning how they affect your specific business model.

We encourage you all to choose your news sources wisely, by following industry organizations:

• The National Association of REALTORS^® (nar.realtor)
• Maryland REALTORS^® (MDRealtor.org)
• PGCAR^® (pgcar.com)

Please visit these links for various resources containing the most current, relevant, and accurate information to date:

• NAR has created multiple resources to explain the settlement and what comes next. You can find NAR's competition.realtor here. NAR will also be updating their facts.realtor page as information becomes available.
• The Maryland REALTORS^® shared a very comprehensive and informative discussion on the settlement on March 22^nd. You can view the webinar here.

Should you be contacted by press media resources please contact PGCAR.

By working together and staying informed, we can navigate these challenges effectively.

Thank you for your attention and cooperation.

If you ever have any questions, don't hesitate to touch base with us.

Sincerely,

Gene Sementilli
2024 PGCAR President