Thursday, March 21, 2024 An Update on NAR’s Proposed Settlement Agreement NAR President Kevin Sears shares an update on the association’s settlement agreement to resolve home seller litigation and highlights NAR’s ongoing work to advocate for members and consumers. Watch the video here.
Tuesday, March 19, 2024 Correcting the Record: NAR Does Not Set Commissions Following recent inaccuracies in media coverage, including the false representation or suggestion that the National Association of REALTORS® (NAR) requires a standard 6% commission, NAR has issued the following statement
CHICAGO (March 19, 2024) – The National Association of REALTORS® (NAR) does not set commissions – they are negotiable. The rule that has been the subject of litigation requires only that listing brokers communicate an offer of compensation. That offer can be any amount, including zero READ ON
Friday, March 15, 2024 National Association of REALTORS® Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers Empty heading CHICAGO (March 15, 2024) – The National Association of REALTORS® (NAR) today 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… READ ON
January 8, 2024 NAR President Tracy Kasper Resigns; President-elect Kevin Sears Steps into Role, Effective Immediately NAR President Tracy Kasper informed NAR’s Leadership Team that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR. She refused to do so and instead reported the threat to law enforcement. Ms. Kasper felt that, in the circumstances, it was best for the organization that she step down…READ ON
Business Partners & Associated Vendors
REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS
and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR holds membership.
REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.
Business Partners & Associated Vendors
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