Published: March 18, 2024
NAR Reaches Agreement to Resolve Nationwide Claims Brought by Sellers
On Friday, March 15, 2024, the National Association of REALTORS® (NAR) announced an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions. The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned MLSs, and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below.
For additional information on the proposed settlement, including answers to Frequently Asked Questions and a video statement, please visit NAR's https://Facts.Realtor website
Realtor members are also encouraged to contact the C.A.R. Legal Hotline with questions (213) 739-8282