NAR Settlement Update, August 2024
Posted by Tamara Williams on
Navigating the New NAR Settlement Changes: A Guide for Buyers and Sellers
The recent National Association of Realtors (NAR) Settlement has introduced significant changes to the real estate landscape. These updates, impacting both buyers and sellers, are crucial to understand for anyone involved in buying or selling a home. With new regulations on buyer agreements and adjustments in how buyer agency commissions are handled, staying informed is more important than ever.
Key Dates for the NAR Settlement Implementation
As part of a $418 million settlement in the ongoing NAR lawsuit, the real estate industry is undergoing several changes. These changes are slated to take effect nationwide on August 17th, affecting all realtor-owned Multiple Listing…
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