Fostering Consumer-Friendly Real Estate Marketplaces

NAR Responds to President Joe Biden's Remarks on Lowering Housing Costs for American Families

Low angle view of the White House front lawn in late winter, Washington DC

Commissions were already negotiable before the resolution was reached and will continue to be negotiable as they have been. NAR appreciates President Biden's continued focus on the affordable housing crisis.

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Correcting the Record: NAR Does Not Set Commissions

Young couple signing real estate contract in broker's office with a pair of agents

Following recent inaccuracies in media coverage, including the false representation or suggestion that NAR requires a standard 6% commission, NAR has issued a statement of facts regarding real estate commissions. 

The rule that has been the subject of litigation requires only that listing brokers communicate an offer of compensation. Other rules throughout the MLS Handbook and NAR policy expressly prohibit setting or suggesting any such amount.

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Frequently Asked Questions

Litigation FAQ - March 19, 2024 (PDF)

Litigation Update from NAR President Kevin Sears and CLO Katie Johnson 

Hear how NAR's resolution provides a path forward for the industry and helps ensure consumer choice.

National Association of REALTORS® Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers

The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned MLSs, and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below.

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Featured Content

Real estate agent and clients standing in kitchen looking at tablet

179 Ways Agents Who Are REALTORS® Are Worth Every Penny of Their Compensation 

Local Broker Marketplaces (MLS) In Action

Local Broker Marketplaces in Action

Economics of Buying a Home

Economics of Buying a Home

Local Broker Marketplaces Foster Competition

Multiple Listing Services (MLSs) are independent, local marketplaces that promote innovation and make it possible for residential real estate businesses of all types and sizes to compete.

Fostering Competition

Consumer Access & Opportunity

Local broker marketplaces create the largest, most efficient and convenient markets that ensure equity, transparency and market-driven pricing for home buyers and sellers.

Learn more about consumer access

REALTORS® Champion Wealth Building & Communities

REALTORS® are everyday working Americans who champion wealth building through homeownership and property rights while advocating for their communities.

Read how REALTORS® champion homeownership

Key Questions Answered

Answers to some of the most common questions about competition and real estate.


In the News

Following are stories that bring to life how REALTORS® advocate for consumers, how local broker marketplaces advance equity and access, and how small businesses are beneficiaries of these local real estate marketplaces.

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