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.

The materials here are intended for reference by members, staff, and anyone supporting the National Association of REALTORS®. They will help provide background on current events related to the association and give you the tools to talk about them. Communication resources will be updated as needed; readers are cautioned to ensure that the most recent publications are utilized. 

In this episode of Real Estate Today, NAR President Kevin Sears gives the facts about the $418 million settlement and what it means for homebuyers and sellers.


Settlement Briefing - March 22, 2024

A settlement briefing from NAR President Kevin Sears and Chief Legal Officer Katie Johnson.


Kevin Sears: Discussing Key Settlement Considerations and Ongoing Advocacy Efforts On the Road 

A message from NAR President Kevin Sears about recent association developments and priorities.


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.

FHA Guidance on Seller-Paid Commissions

The FHA published a note with FAQs and guidance on seller-paid commissions related to the NAR settlement. 

NAR Letter to U.S. Department of Veterans Affairs

NAR urgest the VA to revise its policies pertaining to fees veterans cannot pay when using their VA home loan benefit.


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.

Read Statement


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.

Read Statement


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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Fact Sheet
Read the details of NAR's action.

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Fact Sheet en Español

Who Is Covered?

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Settlement Agreement Facts Toolkit
Updated April 5, 2024

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Q&A
Frequently asked questions about the settlement, for NAR members.

Litigation FAQ
Answers about NAR’s settlement, including key terms, who is covered, practice changes, and NAR operations, in English and Spanish.
Updated April 12, 2024


Financing FAQ
Answers to financing-related questions regarding NAR’s settlement, in English and Spanish. 
Updated April 12, 2024

Settlement Agreement
Legal documentation of the settlement.

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Settlement Overview

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Settlement Timeline

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