The Idaho Association of Realtors (IAR) also known as the Idaho Board of Realtors, is a professional organization that represents real estate agents and brokers in the state of Idaho. The IAR is affiliated with the National Association of Realtors (NAR) and adopts many of its policies and guidelines. The IAR is a member-driven organization that works to promote the value of professional representation in real estate transactions, and to enhance the ability of its members to conduct their business successfully.
The IAR provides a range of services and resources to its members, including professional development and training opportunities, as well as access to a statewide multiple listing service (MLS) database, which allows its members to view and share information about properties for sale in Idaho.
The Idaho Board of Realtors also advocates for the real estate industry at the state level, by working with the legislature and other organizations to promote laws and regulations that benefit the industry and the public. They also provide programs to support Realtor's communities in the state of Idaho, such as supporting education and charity organizations.
Overall, the Idaho Association of Realtors is a professional trade organization dedicated to representing and serving the needs of its members, while also promoting the highest standards of ethical conduct in the real estate industry.
The Idaho Association of Realtors (IAR) does not typically provide real estate contracts for its members, but it provides its members with forms and tools that can be used to create legally binding real estate contracts.
The IAR provides its members with access to a variety of forms and documents that are commonly used in real estate transactions, including purchase agreements (RE21, RE24), listing agreements (RE16), and other contract forms such as state required property disclosures (RE25). These forms are designed to meet the specific legal requirements of the state of Idaho and are intended to be used by its members as a starting point when creating a contract. Each form used by an Idaho Realtor is stamped with a serial number and other information because the forms are owned and copyrighted by IAR.
The IAR also provides its members with guidelines and instructions on how to use these forms correctly and how to customize them to fit the specific needs of a particular transaction. The use of these forms is a benefit that the IAR provides to its members, they are not mandatory and Realtors can use any forms they like, but the forms provided by IAR are widely accepted and widely used.
It's important to note, though, that using these forms, or any forms, does not guarantee that the contract is legally binding or that it will be enforceable in court. It is the responsibility of real estate professionals to ensure that any contract they use is legally compliant and that they understand the contents of the contract they use.