NAR Settlement
On March 15, 2024, the National Association of REALTORS® (NAR) announced a settlement resolution to nationwide claims brought by home sellers related to broker commissions. The settlement is pending final court approval and changes will not likely take effect until summertime at the earliest. As an extension of your continued advocacy for NAR and our industry, we encourage you to understand and share the facts about the settlement.
Fact Sheet – Read the details of NAR’s action.
What’s Ahead for You? Separate litigation facts from fiction, make your value clear – Read the Realtor® Magazine Special Supplement
Truth About the Settlement – Read the Realtor® Magazine Story
Q&A – Frequently asked questions, which are updated as needed, about the settlement, for NAR members.
Pennsylvania Association of Realtors® National Lawsuit Update Resources
Bright MLS Settlement News and Updates
FORTUNE – 90% of homebuyers have historically opted to work with a real estate agent or broker. Here’s why that’s unlikely to change.
Settlement Agreement – Legal documentation of the settlement.
Settlement Overview