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Real Estate Transactions › Sales Commissions › Real Estate Agents

Lowndes

NAR Rule Changes and Their Impact on Buyers

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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

Carlton Fields

What the NAR Settlement and Real Estate Consumer Protection Enhancement Act Means for You

Carlton Fields on

In October 2023, the National Association of Realtors (NAR) was found liable by a federal jury of making home sellers pay excessive commission fees. Following a settlement between the NAR and the federal government, many new...more

Whitman Legal Solutions, LLC

Why the NAR Settlement Might Favor Sellers of High-Priced Homes

Whitman Legal Solutions, LLC on

Suppose we compare how orchestra violinists are paid to how residential real estate agents are paid. In contrast to violinists, who must spend a fixed amount of time in rehearsals and concerts, real estate agents receive the...more

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