NAR Announces Settlement in Lawsuits Surrounding Real Estate Commissions
It was announced today that NAR has settled on a series of lawsuits surrounding real estate commissions. The settlement is subject to court approval.
While the settlement is complex and has many details that will take time to fully understand, Ohio REALTORS believes this settlement will move our industry forward.
Ohio REALTORS is committed to serving as your professional partner, providing you with the tools and resources you need to succeed in today’s real estate market. We look forward to providing you with the latest guidance as more information becomes available and the true impact of the settlement is realized.
To read the full statement from NAR, please click here.
To watch a video from NAR Chief Legal Officer and Member Experience Officer Katie Johnson and NAR President Kevin Sears discussing the details and impact of the settlement, please click here.
Additionally, there are materials available for members about today’s announcement at facts.realtor. You will need your NAR login credentials to access these materials. Updates will continue to be posted to competition.realtor with the latest information.
