The Facts for REALTORS® A central resource for updates and materials about NAR’s steadfast commitment to strengthen the association, defend REALTORS® and their immense value, and look to the future. Visit Facts.realtor for the most up-to-date information regarding the NAR Settlement Learn more Additional Resources REALTOR Magazine Special [...]
https://cdn.nar.realtor/sites/default/files/documents/nar_realtor_safety_safe_listings_form_2023_06_26.pdf The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and [...]
Following NAR input, buyer agent commissions not counted among IPC limits The National Association of REALTORS® influenced a significant clarification from Fannie Mae and Freddie Mac, with the entities confirming that buyer's agent commissions will not count as part of the interested party contributions limits. This guidance follows a nationwide settlement facilitated by NAR concerning [...]
https://www.nar.realtor/magazine/real-estate-news/scotus-rules-in-favor-of-owners-in-property-fee-dispute?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=0F63F11B-AB1C-484C-92B0-36224952BB5D The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and [...]
SETTLEMENT ANSWERS What is the mechanism for non-association MLSs to obtain releases of liability in seller litigation? For MLSs that are not wholly owned by a REALTOR® association, the agreement includes a mechanism to obtain a release efficiently if they so choose. Broadly speaking, the agreement provides two paths: The MLS can elect to pay [...]
https://www.inman.com/2024/04/12/judges-decline-to-centralize-commission-lawsuits/?utm_source=newsflash&utm_medium=email&utm_campaign=newsflash&utm_content=1024355_readmore_0_19700101&message_id=35017945.78741 The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and [...]
Instant Reaction: CPI, April 10, 2024 March inflation figures were very bad, which also means bad news for interest rates. By: Lawrence Yun Powered by WPeMatico
NAR on the unauthorized practice of law and risk management: https://www.nar.realtor/videos/window-to-the-law/avoiding-unauthorized-practice-law The South Carolina Supreme Court decides what is the practice of law and what is the unauthorized practice of law in South Carolina. In the past, the South Carolina Supreme Court has stated that the closing of real estate deals is the practice of [...]
More telemarketing lawsuits ensnare agents, brokerages The FCC is stepping up enforcement of the Telephone Consumer Protection Act and the National Do Not Call Registry. Some real estate pros are being accused of unlawfully using telemarketing calls and texts for promotional purposes. Here's how to stay out of legal trouble. Full Story: REALTOR® Magazine (4/9) [...]
SETTLEMENT ANSWERS What were the key factors that influenced NAR's decision to choose the legal path it did to settle seller litigation? NAR explored settling throughout the litigation and carefully considered the other legal options available. These included: Appealing: A win on appeal would only have addressed the verdict in the Sitzer-Burnett case (not any [...]
Instant Reaction: Jobs, April 5, 2024 The job market is strong, with 303,000 net payroll job additions in March; 39,000 net new jobs in construction means more housing supply is coming. By: Lawrence Yun Powered by WPeMatico