On March 15, 2024, the National Association of REALTORS® (NAR) announced a proposed settlement agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions. The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned Multiple Listing Services (MLSs), and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below.
Practice changes were implemented on Saturday, August 17, 2024, and final approval was granted by a judge on November 26, 2024. Please find below tools and resources that can help you navigate these changes.
UPDATE: (4/10/2026) – NAR Reaches Agreement to Resolve Nationwide Homebuyer Claims in Tuccori v. At World Properties
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Toolkit
For Brokers
Broker-to-Broker Agreements 101
Understanding and Navigating Practice Changes
MLS Policy Changes – Summary
Compensation Disclosure Template
Facts & Information
NAR Consumer Guide Series
Sage Advice Regarding Compensation
A Brief History of Buyer Brokerage Agreements in Georgia
Facts for Homebuyers
Facts for Home Sellers
179 Ways Agents Earn Their Compensation
105 More Ways REALTORS® Earn Their Compensation
Sharable Infographics from GAR
8 Questions to Shed Light on REALTOR® Compensation
The NAR Settlement: How Does it Affect You?
REALTORS® at Your Service
9 Ways a REALTOR® Helps Buyers
10 Reasons to Sell with a REALTOR®
Resources
NAR News & Resources
Settlement Overview
Settlement Fact Sheet
Competition.realtor
The Facts for REALTORS®
Communicating Offers of Compensation (6.5.24)
Compensation, Commissions, and Concessions – REALTOR® magazine (8.19.24)
Georgia Resources
“Answers to Your Questions About the NAR Settlement and the New GAR Forms”
-article by Seth Weissman, GAR
“Midyear Changes to the GAR Forms”
– article by Seth Weissman, GAR General Counsel (6.4.24)
“The New World of Real Estate Commissions”
– article by Seth Weissman, GAR General Counsel (3.26.24)