On March 15, 2024, the National Association of Realtors settled a class action lawsuit by homeowners who alleged that the NAR had illegally inflated the commissions charged to realtors. As part of the $418 million settlement, the NAR agreed to stop allowing broker compensation offers on its li...
As of August 17, 2024, all MLSs that have opted-in to the NAR settlement agreement for the Sitzer/Burnett lawsuit will need to implement new policies that are applicable to all participants of the MLS. NYSAR has a dedicated webpage to assist our members on how to fully comply with the ...
That document could signal a major shift in the way Americans buy and sell homes. It was mandated as part of a settlement ending aclass actionlawsuit by home sellers against the National Association of Realtors (NAR). In addition to requiring buyer’s agent agreements, the settlement removes ...
15.5 Fees. In the event that you commence arbitration in accordance with these Terms, Trend Software will reimburse you for your payment of the filing fee, unless your claim is for greater than $10,000, in which case the payment of any fees shall be decided by the AAA Rules. Any arbitra...