The Truth About the Settlement Agreement
March 22, 2024
Misinformation has been pervasive in the media over real estate commissions. Here are the facts you should know. (Read more…)
NAR Settlement Briefing Video
March 22, 2024
Resources:
Files
- NAR Settlement Overview updated 3/22/24
- Litigation FAQs updated 04/04/24
- Financing FAQs updated 04/04/24
- Settlement Fact Sheet updated 3/26/24
- News Release – Correcting the Record: NAR Does Not Set Commissions 3/19/24
- News Release – NAR Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers 3/15/24
- Settlement Agreement Document
- LR’s Buyer Representation Agreement Sample updated 11/15/23 – will be updating soon!
Video Messages
- Kevin Sears: Discussing Key Settlement Considerations and Ongoing Advocacy Efforts On the Road 3/21/24
- Litigation Update from NAR President Kevin Sears and CLO Katie Johnson 3/15/24
Websites
- Facts.realtor (member-focused communication)
- Competition.realtor (general industry updates)
Questions?
- If you have any questions or concerns, please reach out Chief Operating Officer & In-House Counsel Bailey D. Morse at bailey@nomar.org.
- Need legal guidance? Brokers can submit a question to the LR Legal Hotline.