NAR Lawsuit Update April 25
May 9, 2024
Title: What Does NAR’s Settlement Mean for Your Business?
Description: Real estate professionals have always had to demonstrate tangible value to the buyers and sellers they serve. Now that’s doubly important. NAR’s proposed settlement agreement is prompting changes in the real estate industry, but you have all the tools and expertise necessary to navigate those changes smoothly and confidently. Host Marki Lemons Ryhal speaks with four pros, both agents and brokers, about how they’re preparing for the practice changes that are coming.
URL: https://www.nar.realtor/magazine/drive/what-does-nar-settlement-mean-for-your-business?cid=em_LR-030
Title: A New Opportunity to Provide Value to Buyers
Description: The forthcoming rule mandating the use of written representation agreements and other practice changes that are part of NAR’s proposed settlement agreement allows you to emphasize and communicate your value to clients. Host Marki Lemons Ryhal discusses with two practitioners how to maximize these opportunities with buyers.
URL: https://www.nar.realtor/magazine/drive/a-new-opportunity-to-provide-value-to-buyers?cid=em_LR-031
Title: Refocus on Using Your Voice for Your Clients, Industry
Description: Amidst a tumultuous period in the real estate industry, NAR’s massive advocacy machine has never stopped working for you. Over the last year, REALTORS® secured a reduction in FHA mortgage insurance premiums, got the FHFA to rescind proposed hikes on upfront mortgage fees and protected real estate pros’ status as independent contractors. Host Marki Lemons Ryhal talks with two members steeped in advocacy about the true value of being a REALTOR®.
Updated Daily at:
https://www.nar.realtor/the-facts
Please note that facts.realtor includes:
- The latest settlement FAQs
- FAQs focused on financing and interested party contributions
- Slides that cover the key terms of the settlement
- A timeline showing anticipated next steps in the process
An overview of the scope of the release for NAR members
NAR has reached a tentative settlement regarding the lawsuits, visit NAR.org for additional details. - March 15