NAR Settlement Agreement

Resources for Members

NAR Settlement Agreement – The Facts

On March 14, the National Association of Realtors® announced a proposed settlement agreement that would end litigation 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 Multiple Listing Services (MLSs), and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below. The settlement is subject to court approval.

It is important to note that practices will not change immediately. The changes, if approved by the court, will be implemented in mid-July.

Realtor® Magazine – Special Report

Read the special digital supplement of REALTOR® Magazine with 16 pages of important content that will dispel misinformation about the proposed settlement. It also includes valuable resources that help separate litigation facts from fiction, debunk myths, and help explain the importance of a written buyer agreement.

The Facts

Get the facts. Latest news, videos, & member resources.

Share Your Value

Share your value. Communications & marketing resources.

Toolkit

Marketing assets & more to help explain the NAR Settlement.

GET THE FACTS

Quick Links

HHAR encourages all members to reference this page and resources developed by NAR to get the latest updates and accurate information regarding the settlement. For the most up-to-date resources, please use the links on the left.

How will this impact Realtors® in South Carolina? South Carolina Realtors® (SCR) has created local resources for members. Click below to learn more.


Accredited Buyer’s Representation (ABR®) Course

Be the expert your clients need! The Accredited Buyer’s Representative (ABR®) designation is for real estate buyer’s agents who focus on working directly with buyer-clients at every stage of the home-buying process.

FREE ABR

The ABR® designation course is being offered at no cost to members through 2024.

Buyer Representation Agreements and Buyer Counseling Sessions

Learn how to create a buyer representation agreement, conduct a successful buyer consultation, and communicate your value to clients. 

Navigate Each Step of the Buyer Side Transaction Process

Understand every piece of the transaction puzzle, including the search-showing-selection process, offers and negotiations, appraisals,  and closing on the property.

Communicating Your Value as A Buyer’s Representative

This course covers how you can promote yourself in the buyer’s market as a buyer’s rep and grow your business using ABR® designee member benefits.