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Lowndes

NAR Rule Changes and Their Impact on Buyers

Lowndes on

New rules from the National Association of Realtors (NAR), effective August 17, 2024, are reshaping real estate transactions. Stemming from a federal court ruling in October 2023, these changes aim to increase transparency...more

Lowndes

NAR Rule Changes and Their Impact on Sellers

Lowndes on

The real estate industry is experiencing significant changes following the implementation of new National Association of Realtors (NAR) rules, effective August 17, 2024. These changes, prompted by a federal court ruling in...more

Snell & Wilmer

National Association of Realtors Settlement Announcement May Have Sweeping Implications

Snell & Wilmer on

The homebuying market as we know it is about to see sweeping changes. On Friday, March 15, 2024, the National Association of Realtors (NAR) announced a settlement with groups of home sellers, agreeing to end antitrust...more

Butler Snow LLP

Real Estate Commissions in the Crosshairs

Butler Snow LLP on

Recently, a federal jury in Missouri returned a verdict ordering the National Association of Realtors (“NAR”), along with several other national real estate brokerages, to pay $1,785,310,872.00 in damages after finding NAR...more

International Lawyers Network

Buying and Selling Real Estate in Latvia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - I. STANDARD FORMS OF AGREEMENT - A. Offer to Purchase sets forth Buyer’s offer of price and date for closing. Seller may accept or reject. B. The purchase...more

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