LEGAL WEBINAR: NAR Settlement — What You Need to Know
Join the Florida Realtors® legal team for a discussion on the proposed settlement of the antitrust litigation released from the National Association of Realtors (NAR). Your questions matter to us. When registering, please submit your question to allow us to develop resources for you.
WHAT: Legal Webinar: NAR Settlement — What You Need to KnowWHEN: Thursday, March 28, 10 a.m. ETWHERE: Zoom VIdeo Conferencing
CLICK HERE TO REGISTER►
NAR Settlement: What You Need to Know
The proposed $418 million agreement to the Sitzer-Burnett verdict would end litigation of claims brought by home sellers related to broker commissions.
The National Association of Realtors® (NAR) announced a proposed $418 million settlement agreement to the Sitzer-Burnett verdict that would end litigation of claims brought by home sellers related to broker commissions.
The agreement resolves claims against NAR, more than one million NAR members, 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. However, agents affiliated with HomeServices of America and its related companies – the last corporate defendant still litigating the case – are not released under the settlement, nor are employees of the remaining corporate defendants named in the cases covered by this settlement. Click here to read the full news article.