NAR Settlement Resources

On March 15, the National Association of REALTORS® announced settlement had been reached and it would end litigation claims brought on behalf of home sellers related to broker commissions. The agreement would resolve claims against NAR, state/local REALTOR® associations, and more than 1 million REALTOR® members.

The settlement is proposed and while we wait for court approval GAR is working to provide members with vital education and skills for success in what may be their new world of real estate. We will also be providing information on changes to rules, regulations and laws that may come out of the settlement if approved.

Preliminary approval of the settlement happened on April 23rd and final approval is expected November 26th. Practice changes will occur late July.

Check back for updated information & stay informed!

Last updated on 4/29/2024 at 10:00am

NAR RESOURCES

FAQ's with Questions 18 thru 41 on compensation & 42 thru 62 on written agreements.

facts.realtor - The latest materials to support your conversations.

competition.realtor - Resources for members and the public.

Correcting the Record: NAR Does Not Set Commissions

Truth about the NAR settlement agreement - REALTOR® Magazine article.

Visit ThatsWhoWeR.realtor to view the new consumer campaign ads, and to leverage turnkey advertising and social assets to share. The campaign demonstrates the expertise of REALTORS® helping their clients navigate the risks, pitfalls, and complexities of buying or selling a home or property, reinforcing their expertise, commitment and consumer-first approach.