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NAR News Lawsuit

Important Updates Regarding Real Estate Regulations and Policies

Released: Friday, March 22, 2024

Release Date: March 22, 2024 at 9:33 AM

Regarding the settlement proposal, we understand that the terms may seem complex. We are diligently working to ensure that our members and consumers alike understand the implications of this proposed settlement for our profession.

It should be noted, however, that the proposed settlement agreement will not become final unless and until it is approved by the Court. We don’t know at this time how long that process will take.

Additionally, we recently received an important update from NAR regarding the settlement agreement reached in the home seller litigation. NAR President Kevin Sears has filmed a video addressing the key considerations and terms of this agreement.

To assist you in addressing frequently asked questions and facilitating ongoing conversations, we are sharing a set of updated FAQs, which you can access at facts.realtor. NAR has removed the login requirement from the site for your convenience.

Furthermore, we encourage you to familiarize yourself with the fact sheet, settlement agreement, press release, and a video featuring Katie Johnson, all of which are accessible at facts.realtor.

You can continue to find the latest information about the settlement at facts.realtor. NAR will also continue to provide updates about the settlement process as it unfolds at competition.realtor.

The information contained within this email came directly from NAR. We remain committed to supporting you through these complex changes to the real estate profession.

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