On November 26, 2024, the U.S. District Court for the Western District of Missouri granted final approval of the National Association of Realtors®’ proposed settlement agreement to resolve class action claims related to broker commissions.
VIEW NAR NEWS RELEASE
November 27th, 2024
Maryland REALTORS® President Cheryl Abrams Davis and CEO Chuck Kasky have issued the following statement in response to the court approval of the settlement.
READ STATEMENT
Watch this statement from Chuck Kasky, Maryland REALTORS® CEO, about the upcoming changes to the real estate industry.
Have questions? Read our Settlement FAQs to see if it's been answered.
Watch the August 1st, 2024 webinar on these forms and changes here.
CEO, Chuck Kasky and Legal Associate, Taylor Kitzmiller go over the new and draft forms in Maryland REALTORS that are available for use on August 14th, 2024.
VIEW AMENDMENTS AND FORMS
August 17th, 2024 is when the new NAR MLS Policy takes effect and the deadline for REALTOR® MLSs to implement policy changes. Read the most recent NAR Settlement Timeline and MLS Policy Changes to view the full details.
SETTLEMENT TIMELINE MLS POLICY CHANGES
Watch the latest installment of NAR's Window to the Law series, Understanding New Ruled on Offers of Compensation (May 23rd, 2024) for more info.
WATCH BRIGHT'S WHAT TO EXPECT THIS SUMMER
NAR has created multiple resources to explain the settlement and what comes next.
COMPETITION.REALTOR
FACTS.REALTOR
NAR has created multiple resources for members to use when discussing the settlement, changes to the industry, and the value REALTORS® provide consumer with their expertise.
Article updated May 24th for consumers.
May 22nd, 2024 information about temporary changes to VA loans.
March 28th, 2024 letter explaining impact on FHA loans.
WATCH THE WEBINAR
READ HILL'S STATEMENT
WATCH HILL'S MESSAGE
READ MARYLAND REALTORS®' STATEMENT
Email Suggestions@MDRealtor.org with any questions, suggestions, or ideas.