NAR Settlement Agreement – The Facts

Whether you’re a REALTOR®, brokerage leader, MLS executive, homebuyer, or home seller, the resources here provide the facts and latest updates on NAR’s settlement agreement related to broker commissions. 

VAR Resources

NAR Settlement Agreement FAQs

VAR has developed FAQs to help members better understand the NAR settlement agreement and what it means for Realtors® and home buyers and sellers in Vermont.

FLOWCHART

Not sure when you need a buyer agreement? VAR has created this easy-to-follow flowchart to help you know when you need a buyer agreement.

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.

NAR Video Updates

Settlement Briefing – March 22, 2024

A settlement briefing from NAR President Kevin Sears and Chief Legal Officer Katie Johnson. WATCH

Kevin Sears: Discussing Key Settlement Considerations and Ongoing Advocacy Efforts on the Road

A message from NAR President Kevin Sears about recent association developments and priorities. WATCH

Litigation Update from NAR President Kevin Sears and CLO Katie Johnson

Hear how NAR’s resolution provides a path forward for the industry and helps ensure consumer choice. WATCH

NAR Resources

April 3, 2024 – Commentary: 90% of homebuyers have historically opted to work with a real estate agent or broker. Here’s why that’s unlikely to change. READ

March 28, 2024 – FHA Guidance on Seller-Paid Commissions – The FHA published a note with FAQs and guidance on seller-paid commissions related to the NAR settlement – READ

March 27, 2024 – NAR Letter to U.S. Dept. of Veterans Affairs – NAR urges the VA to revise its policies pertaining to fees veterans cannot pay when using their VA home loan benefit – READ

March 15, 2024 – NAR Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers – READ

March 19, 2024 – NAR Responds to President Joe Biden’s Remarks on Lowering Housing Costs for American Families – READ

March 19, 2024 – Correcting the Record: NAR Does Not Set Commissions – READ

Additional NAR Resources