Over the weekend, the Plaintiffs’ counsel filed a Motion for Preliminary Approval of this agreement with the federal court in the Western District of Missouri. On April 23, Judge Bough granted that motion which means that as of April 23, the settlement agreement is preliminarily approved. Settlement class members are now enjoined from filling complaints or prosecuting any claims based on the type of conduct at issue in Sitzer-Burnett and the other settled Actions on behalf of home sellers related to broker commissions against NAR or other parties that are released under the settlement. Two im ..read more

Congratulations to Alyssa Harper of Pointe Realty Group, Littleton, N.C., and Emily Liles of Coldwell Banker Howard Perry & Walston, Raleigh, N.C., on their induction into the NAR 30 under 30 Class of 2024. This prestigious honor highlights their exceptional talent, dedication, and innovation in the real estate industry. READ THE FULL ARTICLE Four NC REALTORS® in the running for REALTOR® Magazine’s 30 Under 30 -March 26, 2024 We’re proud to announce that four of our members are finalists for the NAR’s prestigious “30 Under 30” award. Voting opens on April 3, and we’re rallying support th ..read more

On Friday, April 12, the Judicial Panel on Multidistrict Litigation (JPML) ruled that centralization of the class action lawsuits is not necessary at this time because the settlement agreement NAR reached with plaintiffs on March 15 would resolve some, if not many, of the claims in the pending cases. NAR is pleased with the ruling. It reflects that NAR’s settlement, which, if approved by the court, would end litigation nationwide for NAR and other released parties in the cases brought by home sellers. To be clear, this JPML ruling does not affect the approval process for&n ..read more

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The following correspondence was recently posted in the Commercial and Specialty Open Conversation Community on the NAR HUB by Johnny Noon, NAR Director of Engagement, Commercial Real Estate. Hi all, We recognize that some of you have raised questions about NAR’s recent settlement agreement and what effect, if any, it will have on commercial transactions. I want to clarify that the proposed settlement agreement-like the Sitzer-Burnett lawsuit and the copycat lawsuits-is focused on residential real estate transactions. That means most commercial transactions will not be affected. Today, we sen ..read more

The 2024 Convention & Expo Toolkit is hosted on Google Drive. DOWNLOAD FILES ..read more

The 2024 Legislative Meetings Toolkit is hosted on Google Drive. DOWNLOAD FILES ..read more

The following correspondence was recently posted in the Commercial and Specialty Open Conversation Community on the NAR HUB by Johnny Noon, NAR Director of Engagement, Commercial Real Estate. Hi all, We recognize that some of you have raised questions about NAR’s recent settlement agreement and what effect, if any, it will have on commercial transactions. I want to clarify that the proposed settlement agreement-like the Sitzer-Burnett lawsuit and the copycat lawsuits-is focused on residential real estate transactions. That means most commercial transactions will not be affected. Today, we sen ..read more

Please join us in celebrating these epic NC REALTORS® and recent graduates of the GRI program ..read more

On Friday, April 5, 2024, the United States District Court of Appeals ruled that the DOJ’s 2020 settlement with NAR does not prohibit it from reopening the investigation into NAR’s policies, including the cooperative compensation rule and clear cooperation policy. NAR disagrees with the Court’s decision and share the view articulated by Judge Walker in his dissenting opinion. To be clear, this opinion in the DOJ litigation does not affect the settlement agreement that NAR announced on March 15th in the class action litigation to resolve nationwide litigation over claims from home sellers rela ..read more