Settlement Landing Page

NAR Settlement Info

The latest information from NOMAR on the NAR litigation and settlement.

Podcasts

The forthcoming rule mandating the use of written representation agreements and other practice changes that are part of NAR’s proposed settlement agreement allows you to emphasize and communicate your value to clients. Host Marki Lemons Ryhal discusses with two practitioners how to maximize these opportunities with buyers.

Amidst a tumultuous period in the real estate industry, NAR’s massive advocacy machine has never stopped working for you. Over the last year, REALTORS® secured a reduction in FHA mortgage insurance premiums, got the FHFA to rescind proposed hikes on upfront mortgage fees and protected real estate pros’ status as independent contractors. Host Marki Lemons Ryhal talks with two members steeped in advocacy about the true value of being a REALTOR®.

Listen in on a roundtable discussion with four real estate pros who discuss what’s next for buyers, sellers and NAR members Real estate professionals have always had to demonstrate tangible value to the buyers and sellers they serve. Now that’s doubly important. NAR’s proposed settlement agreement is prompting changes in the real estate industry, but you have all the tools and expertise necessary to navigate those changes smoothly and confidently. Host Marki Lemons Ryhal speaks with four pros, both agents and brokers, about how they’re preparing for the practice changes that are coming.

In this episode of Real Estate Today, National Association of REALTORS® President Kevin Sears gives the facts about the $418 million settlement and what it means for homebuyers and sellers. REALTOR® Cheyenne McGriff from South Dakota explains what first-time homebuyers should do to get ready to buy a home and how to find success in a competitive real estate market. Melissa Dittmann Tracey shares whether buying a fixer-upper home is hot or not. And, Sean Moss from the Down Payment Resource gives a quick primer on down payment assistance programs and how a homebuyer can utilize them to make a home purchase more affordable.


Additional resources

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Preliminary Approval of Settlement Agreement Granted

A note from Katie Johnson, NAR Chief Legal Officer on the preliminary court approval of the settlement.

 

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Summary of MLS Policy Changes

MLS policies and model MLS governing documents have been reviewed and updated. Download details of all the changes.

Updated May 3, 2024.

 

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Sample Buyer Representation Agreement

This page from Louisiana REALTORS® contains a sample Buyer Representation Agreement and outlines suggested guidelines for use.

 

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Louisiana REALTORS® Legal Updates Hub

Even more resources from  Louisiana REALTORS® regarding the NAR litigation and settlement.

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Competition.Realtor

This information can assist you in communicating the truth to clients: REALTORS® are everyday working Americans who are experts at helping consumers navigate the complexities of home purchases and advocates for fair housing and wealth building for all.

 

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Facts.Realtor

The materials here are intended for reference by members, staff, and anyone supporting the National Association of REALTORS®. They will help provide background on current events related to the association and give you the tools to talk about them.

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Settlement FAQs

Answers about NAR’s settlement, including key terms, who is covered, practice changes, and NAR operations, in English and Spanish.

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The Truth About the NAR Settlement

Misinformation has been pervasive in the media over real estate commissions. Here are the facts you should know.

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Settlement Overview

Includes key terms, settlement provisions, and next steps in the settlement process.

 

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Settlement Agreement FAQs Toolkit

Share the truth with your network.

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A MESSAGE FROM NAR PRESIDENT KEVIN SEARS