Skip to main content

NAR Settlement: Get 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.

I am a Homebuyer or Seller

Latest Resources

OUR FAQ

Answering your questions on the settlement and its impact.

Settlement FAQ

Window to the Law - Settlement Facts Videos

Video series explaining various elements of the settlement.

Watch Videos

Nov. 26

Final Settlement Approval Hearing

Consumer Resources

Woman Searching for Homes on a Laptop

I am a homebuyer

  • What does the NAR settlement mean for me? 
  • How do the MLS policy changes impact me?
  • What is a written buyer agreement?

For Homebuyers

Agent and Seller Signing Real Estate Agreement

I am a home seller

  • What does the NAR settlement mean for me? 
  • When do the settlement practice changes go into effect?
  • Do sellers still need to offer compensation to buyer brokers?

For Home Sellers

Consumer Guides

Consumer Guide to Written Buyer Agreements

As of August 17, 2024, you will be asked to sign a written buyer agreement after you’ve chosen the professional you want to work with. Here's what you should know about these agreements.

Consumer Guide to Open Houses and Written Agreements

As of August 17, 2024, many real estate professionals nationwide will be asking buyers to enter into a written agreement prior to touring a home. But what if you are just attending an open house? Here’s what you should know.

REALTORS’® Duty to Put Client Interests Above Their Own

REALTORS® abide by NAR’s strict Code of Ethics. This obligation means that a REALTOR® cannot make decisions or provide representation in a way that puts their own interests or commissions ahead of their clients’ interests.

What Veterans Need to Know About Buying a Home

Veterans and active servicemembers often have unique needs when looking for a home, and agents who are REALTORS® are committed to helping ensure those needs continue to be met following new real estate practice changes.

Member Resources

Written Buyer Agreements 101
Outlining the services an MLS Participant will provide and how they will be compensated.

MLS Policy Changes Summary
Details of changes to MLS policies and model MLS governing documents.

Handbook on Multiple Listing Policy
Guide for REALTOR® associations operating multiple listing services.

Settlement Agreement
Full documentation of the settlement. (PDF)

Navigating the Practice Changes Webinar

Watch a recording of an all-member webinar that reviews the practice changes that took effect on August 17 and discusses where to direct consumers for answers about the settlement class notice.

NAR’s Upcoming Practice Changes and Recent DOJ Engagement

Chief Legal Officer Katie Johnson discusses updates regarding practice changes—including how to speak to consumers about the new policies—and NAR’s engagement with the Department of Justice. NAR encourages all members to evaluate new or revised forms with an eye for clarity and emphasis on consumer choice.

NAR Settlement Briefing

Kevin Sears and Katie Johnson discuss the settlement agreement and what it means for both the association and its members.

NAR Legal Team Reviews Settlement Terms and Impact

Watch a recording of the Legal Update at the 2024 REALTORS® Legislative Meetings.

Until December 31, 2024, NAR is making the popular Accredited Buyer’s Representative (ABR®) designation course available to REALTORS® at no cost.

abr.realtor

NAR Settlement Timeline

Broker Resources

Broker-to-Broker agreements help to memorialize compensation agreements between brokers, in accordance with the seller’s authorization to the listing broker and the buyer’s agreement with the buyer broker.

Broker-to-Broker Agreements

Compensation Disclosure Statement: Template language for brokers to use with active clients who have listing or selling agreements entered into prior to August 17.

Compensation Disclosure Statement (PDF)

Guide to Upcoming Practice Changes for Real Estate Professionals
Slide deck on practice changes and how to communicate to consumers.

Download PDF
Download PPT