{"id":566574,"date":"2026-04-06T00:28:31","date_gmt":"2026-04-06T04:28:31","guid":{"rendered":"https:\/\/www.houzeo.com\/blog\/?p=566574"},"modified":"2026-04-06T00:28:37","modified_gmt":"2026-04-06T04:28:37","slug":"nar-settlement","status":"publish","type":"post","link":"https:\/\/www.houzeo.com\/blog\/nar-settlement\/","title":{"rendered":"NAR Settlement 2024: End of Buyer Agent Commission"},"content":{"rendered":"\n<p>In March 2024, the NAR and major national brokerages entered into a billion-dollar settlement with the Sitzer\/Burnett plaintiffs. The settlement went into effect on August 17, 2024.<\/p>\n\n\n\n<p>Buyer agent commissions are now negotiable. According to Redfin, the typical buyer agent commission has already started declining &#8211; down from 2.61% in March to 2.55% in July.<\/p>\n\n\n\n<div class=\"block-takeaways\" style=\"margin-top:20px !important\"><p class=\"topHead\"><\/p><p class=\"headKeytake\"><b>Key Takeaways \ud83d\udea8<\/b><\/p>\n<ul>\n<li><b>Settlement is Effective!:<\/b> The settlement went into effect on Aug 17, and <a   href=\"#Which-MLSs-and-Associations-Have-Opted-In\" target=\"_blank\" rel=\"noopener\">30+ Realtor Associations and MLS&#8217;<\/a> have implemented the changes. MLS&#8217; not affiliated with NAR have chosen to continue displaying the buyer agent commissions.<\/li>\n<li><b>Sellers Can Save Thousands in Commissions:<\/b> Buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents, and again when sellers review offer contracts. This means Buyer Agent Commissions will likely decrease.<\/li>\n<li><b>Seller Priority #1 will be Paperwork (to Mitigate Compliance &amp; Litigation Risks):<\/b> Buyer agents mitigate risk by managing disclosures, contracts, contingencies, and inspections. Their work is strictly audited by licensing authorities and MLS boards to ensure compliance. Without them, sellers must either learn and adapt or risk expensive litigation.<\/li>\n<li><b>Negotiations Can Now Feel Like Haggling:<\/b> Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions.<\/li>\n<li><b>Buyer Agent Commissions Can Be Offered Offline:<\/b> Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS. <\/li>\n<\/ul>\n<\/div>\n\n\n\n<div style=\"height:14px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>While home sellers will likely save thousands in commission, they are also more susceptible to legal pitfalls. Buyer agents are licensed and maintain strict paperwork as part of compliance requirements aligned to their licensure. They play a key role in keeping a transaction compliant and legally sound. <\/p>\n\n\n\n<p>No buyer agents mean an increased risk of non-compliance and litigation for both the home seller and the home buyer. So, what is the NAR settlement? And how does it impact sellers and buyers? Let&#8217;s find out.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"nar-lawsuit-explained\"><strong>NAR Settlement Summary<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>On March 15, 2024, NAR, the biggest trade association, agreed to pay $418 million to settle commission lawsuits.<\/li>\n\n\n\n<li>The settlement was announced to protect NAR members from further allegations and encourage consumers to have a choice of paying buyer agent commissions.<\/li>\n\n\n\n<li>The NAR commission lawsuit has resulted in the elimination of the requirement for commissions to be set by the seller&#8217;s agent.<\/li>\n\n\n\n<li>The NAR settlement agreement resolves claims against NAR, over one million NAR members, and all the other involved parties.<\/li>\n\n\n\n<li>NAR has implemented a new rule that forbids offers of compensation on the Multiple Listing Service (MLS).<\/li>\n\n\n\n<li>The NAR lawsuit settlement also mandates that the MLS participants enter into a written agreement with the buyers they work with.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-houzeo-youtube-text-without-button mainVideoSec hide-title\"><div class=\"leftBlockVideo\"><iframe src=\"https:\/\/www.youtube.com\/embed\/Ts3WuoQDYc8\" frameborder=\"0\" allowfullscreen><\/iframe><\/div><div class=\"rightBlockVideo\"><p class=\"VideoHead\">Curious what the NAR lawsuit is about?<\/p><p class=\"VideoText\"><em>Check out our video to find out why NAR chose to settle and eliminate the buyer-broker compensation rule.<\/em><\/p><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"mls-dos-and-donts\"><strong>MLS Do&#8217;s and Don&#8217;ts<\/strong><\/h2>\n\n\n\n<p>After the court&#8217;s verdict on NAR&#8217;s lawsuit, the displayable information on MLS&#8217; related to buyer commissions changed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\">\u2705 <strong>What Information Can Be Displayed on the MLS Listings?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Property Details:<\/strong> This includes the location, photos, square footage, and the number of beds and baths. The HOA fees and property type will also be allowed.<\/li>\n\n\n\n<li><strong>Seller Concessions:<\/strong> The sellers can advertise their willingness to offer concessions and cover <a   href=\"https:\/\/www.houzeo.com\/blog\/how-much-are-closing-costs\/\" target=\"_blank\" rel=\"noreferrer noopener\">closing costs<\/a> or <strong>offer a buyer&#8217;s agent commission incentive<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\">\u274c <strong>What Information Cannot Be Displayed on the MLS Listings?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No MLS Commission Advertising:<\/strong> The seller or the listing agent cannot advertise the requirement of compensation from the buyer or their agent on the MLS.<\/li>\n\n\n\n<li><strong>Removal of Compensation Info:<\/strong> The MLS&#8217; are advised to eliminate all the fields and information related to agent compensation on the MLS.<\/li>\n\n\n\n<li><strong>Use of MLS Data for Compensation Offers:<\/strong> Any entity using MLS data cannot offer compensation to buyers or their agents. Violation of this will result in termination of access to MLS data.<\/li>\n\n\n\n<li><strong>Compensation Disclosure:<\/strong> The MLS must require the disclosure of all compensation information to all the sellers and buyers.<\/li>\n\n\n\n<li><strong>Written Agreement With the Buyers:<\/strong> All MLS participants must enter into a written agreement with the buyer before touring a home.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-pullquote margin-top-15\" style=\"border-radius:0px;font-style:italic;font-weight:500\"><blockquote><p>This is a grand social experiment. None of us know what\u2019s about to happen.<\/p><cite><em>Leo Pareja, the CEO of exp Realty<\/em><\/cite><\/blockquote><\/figure>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"how-will-the-nar-lawsuit-affect-sellers\"><strong>How Does the NAR Settlement Affect Home Sellers?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sellers Will Continue to Pay Their Agents:<\/strong> NAR&#8217;s commission lawsuit neither prohibits sellers from paying commissions to their agents nor does it affect the compensation amount they pay.<\/li>\n\n\n\n<li><strong>Sellers Can Offer Concessions:<\/strong> Although sellers or their agents don&#8217;t have to pay buyer agent commissions, they can still offer them in the form of &#8220;concessions&#8221;. <\/li>\n\n\n\n<li><strong>Other Ways to Pay Buyer Agent Commissions:<\/strong> Listing agents cannot offer buyer agent commissions through MLS. However, the agents can still pay them through their websites or in cash outside of the MLS commission module.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"what-does-the-nar-settlement-mean-for-buyers\"><strong>What Does the NAR Settlement Mean for Buyers?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Buyers Have to Pay Their Agents:<\/strong> After NAR&#8217;s class-action lawsuit, buyers now have to pay the commission to their agents, unlike before when sellers paid for it.<\/li>\n\n\n\n<li><strong>Buyers Can Negotiate the Commission Amount:<\/strong> Since buyers themselves will pay their agents, they have room for negotiations. They can choose a <a   href=\"https:\/\/www.houzeo.com\/flat-fee-mls\" target=\"_blank\" rel=\"noreferrer noopener\">flat fee MLS listing service<\/a> or hourly agent rates.<\/li>\n\n\n\n<li><strong>Homebuyers Can Ask for Seller Concessions:<\/strong> Buyers can avoid paying buyer agent commissions out of their pocket by requesting the seller to pay them as part of seller concessions.<\/li>\n<\/ul>\n\n\n\n<p>Buyer agents not only help buyers with showings or present new listings, but they also provide assistance in offers and negotiations. If a buyer does not opt for an agent, they will be responsible for handling tasks such as home inspection, home appraisal, etc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"nar-settlement-who-gets-the-money\"><strong>Do You Qualify for the Seller&#8217;s Fund?<\/strong><\/h2>\n\n\n\n<p>If you have sold your home in the last four years, you automatically qualify for a portion of the $418 million settlement. <\/p>\n\n\n\n<p>Listing agents will be released from all liable claims due to the settlement if they become\/are a part of NAR before the date of class notice. Which will be sent on or after August 17, 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"nar-settlment\"><strong>How to Claim the Seller&#8217;s Fund for Past Transactions?<\/strong><\/h2>\n\n\n\n<p>If you are eligible, follow these steps to claim the seller&#8217;s fund for past transactions.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Provide Documents:<\/strong> Gather all necessary documents that verify your home sale within the eligible period. This includes sales contracts, closing statements, and any correspondence with your real estate agent.<\/li>\n\n\n\n<li><strong>File a Claim:<\/strong> Check the NAR <a   href=\"https:\/\/www.nar.realtor\/the-facts\/nar-settlement-faqs\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">settlement<\/a> administrators&#8217; official communication or website for instructions on submitting your claim, including the necessary forms.<\/li>\n\n\n\n<li><strong>Submit Your Claim:<\/strong> Fill out the required forms and submit them along with your supporting documentation within the stipulated time.<\/li>\n\n\n\n<li><strong>Take a Follow-up:<\/strong> After submission, keep track of your claim status. You may receive updates via email or through the settlement website.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"Which-MLSs-and-Associations-Have-Opted-In\"><strong>Which MLS&#8217; and Associations Have Opted In? <\/strong><\/h2>\n\n\n<div id=\"footable_parent_566960\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"566960\" data-filter-delay=\"1000\" aria-label=\"MLS Opt-In\/Opt-Out Status for NAR Settlement\"            id=\"footable_566960\"\n           data-unique_identifier=\"ninja_table_unique_id_3731444576_566960\"\n           class=\" foo-table ninja_footable foo_table_566960 ninja_table_unique_id_3731444576_566960 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_state \">State<\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_mls_association \">MLS\/Association<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_opt_in_opt_out_status \">Opt-In Status<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"16776\" class=\"ninja_table_row_0 nt_row_id_16776\">\n            <td>Arizona<\/td><td><a href=\"https:\/\/mlssaz.com\/2024-rules-roadmap\/\">MLS of Southern Arizona<\/a> <\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16777\" class=\"ninja_table_row_1 nt_row_id_16777\">\n            <td>Arizona<\/td><td><a href=\"https:\/\/armls.com\/settlement\">Arizona Regional MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16778\" class=\"ninja_table_row_2 nt_row_id_16778\">\n            <td>Arizona<\/td><td><a href=\"https:\/\/www.paar.org\/2024\/07\/22\/paar-updates-mls-rules-and-regulations\/\">Prescott AOR MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16779\" class=\"ninja_table_row_3 nt_row_id_16779\">\n            <td>California<\/td><td><a href=\"https:\/\/go.crmls.org\/nar-settlement-resources\/\">California Regional MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16780\" class=\"ninja_table_row_4 nt_row_id_16780\">\n            <td>Colorado<\/td><td><a href=\"https:\/\/recolorado.com\/nar-settlement\/\">DENVER (Re Colorado) MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16781\" class=\"ninja_table_row_5 nt_row_id_16781\">\n            <td>Florida<\/td><td><a href=\"https:\/\/rworld.com\/action-plan\">Beaches MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16782\" class=\"ninja_table_row_6 nt_row_id_16782\">\n            <td>Florida<\/td><td><a href=\"https:\/\/members.spacecoastmls.com\/resources\/resources-the-facts-for-realtors\">Space Coast MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16783\" class=\"ninja_table_row_7 nt_row_id_16783\">\n            <td>Florida<\/td><td><a href=\"https:\/\/kcrar.com\/settlement-changes\/#:~:text=What%20changes%20are%20coming%20for,compensation%20anywhere%20on%20the%20MLS.\">Heartland Association of Realtors MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16784\" class=\"ninja_table_row_8 nt_row_id_16784\">\n            <td>Florida<\/td><td><a href=\"https:\/\/tbrnet.org\/members-membership-top-consumer\/nar-settlement.html\">Tallahassee Board of REALTORS (TBR) MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16785\" class=\"ninja_table_row_9 nt_row_id_16785\">\n            <td>Illinois<\/td><td><a href=\"https:\/\/ww2.mredllc.com\/settlement-update\/\" target=\"_blank\">MRED MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16786\" class=\"ninja_table_row_10 nt_row_id_16786\">\n            <td>Indianapolis<\/td><td><a href\"https:\/\/www.mibor.com\/news\/2024\/03\/18\/realtor-weekly\/realtor-weekly-nar-settlement-update\/\">Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16787\" class=\"ninja_table_row_11 nt_row_id_16787\">\n            <td>Kentucky<\/td><td><a href=\"https:\/\/louisvillerealtors.ac-page.com\/nar-settlement\">Greater Louisville AOR GLAR MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16788\" class=\"ninja_table_row_12 nt_row_id_16788\">\n            <td>Michigan<\/td><td><a href=\"https:\/\/realcomp.moveinmichigan.com\/News-Events\/Feature-2024\/July-2024\/Important-Information-Regarding-the-NAR-Settlement-and-Changes-to-Compensation\">Realcomp MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16789\" class=\"ninja_table_row_13 nt_row_id_16789\">\n            <td>Michigan<\/td><td><a href=\"https:\/\/www.mirealtors.com\/Business-Tools\/NAR-Resources\">Michigan Realtors<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16790\" class=\"ninja_table_row_14 nt_row_id_16790\">\n            <td>Minnesota<\/td><td><a href=\"https:\/\/northstarmls.com\/nar-settlement-info\/\">Northstar MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16791\" class=\"ninja_table_row_15 nt_row_id_16791\">\n            <td>Missouri<\/td><td><a href=\"https:\/\/marismls.com\/narsettlement\">Mid America Regional Information Systems Inc. MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16792\" class=\"ninja_table_row_16 nt_row_id_16792\">\n            <td>Missouri<\/td><td><a href=\"https:\/\/kcrar.com\/settlement-changes\/#:~:text=What%20changes%20are%20coming%20for,compensation%20anywhere%20on%20the%20MLS.\">Kansas City Regional Association of Realtors (HeartLand MLS)<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16793\" class=\"ninja_table_row_17 nt_row_id_16793\">\n            <td>North Carolina<\/td><td><a href=\"https:\/\/tempo.triadmls.com\/2024-nar-settlement-resources\/\">Triad MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16794\" class=\"ninja_table_row_18 nt_row_id_16794\">\n            <td>North Carolina<\/td><td><a href=\"https:\/\/support.trianglemls.com\/hc\/en-us\/articles\/31177771889939-FAQ-Changes-to-TMLS-from-the-NAR-Settlement-August-6th-2024\">Triangle MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16795\" class=\"ninja_table_row_19 nt_row_id_16795\">\n            <td>North Carolina<\/td><td><a href=\"https:\/\/brokerrelations.canopyrealtors.com\/nar-proposed-settlement-resources\/\">Canopy MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16796\" class=\"ninja_table_row_20 nt_row_id_16796\">\n            <td>North Carolina<\/td><td><a href=\"https:\/\/www.ncrmls.com\/settlement\">NC Regional MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16797\" class=\"ninja_table_row_21 nt_row_id_16797\">\n            <td>New Jersey<\/td><td><a href=\"https:\/\/monmouthoceanrealtors.com\/narsettlement\/\">Monmouth Ocean MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16798\" class=\"ninja_table_row_22 nt_row_id_16798\">\n            <td>New Jersey<\/td><td><a href=\"https:\/\/www.newjerseymls.com\/2024\/06\/update-regarding-the-nar-settlement\/\">New Jersey MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16799\" class=\"ninja_table_row_23 nt_row_id_16799\">\n            <td>New York<\/td><td><a href=\"https:\/\/support.onekeymls.com\/hc\/en-us\/articles\/27952507555604-National-Association-of-REALTORS-NAR-Settlement-Frequently-Asked-Questions\">OneKey MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16800\" class=\"ninja_table_row_24 nt_row_id_16800\">\n            <td>Ohio<\/td><td><a href=\"https:\/\/www.columbusrealtors.com\/pages\/national-lawsuit-updates\/\">Columbus Realtors<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16801\" class=\"ninja_table_row_25 nt_row_id_16801\">\n            <td>Ohio<\/td><td><a href=\"https:\/\/daytonrealtors.org\/news\/new-mls-rules-to-take-effect-aug-8\/\">Dayton REALTORS\u00ae MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16802\" class=\"ninja_table_row_26 nt_row_id_16802\">\n            <td>Ohio<\/td><td><a href=\"https:\/\/cincinnatilivingonline.com\/2024\/04\/the-nar-settlement-and-its-impact-on-cincinnati-realtors.html\">REALTOR\u00ae Alliance of Greater Cincinnati<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16803\" class=\"ninja_table_row_27 nt_row_id_16803\">\n            <td>Pennsylvania<\/td><td><a href=\"https:\/\/poconorealtors.com\/nar-settlement\/\">Pocono Mountains Association of REALTORS\u00ae<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16804\" class=\"ninja_table_row_28 nt_row_id_16804\">\n            <td>Pennsylvania<\/td><td><a href=\"https:\/\/www.brightmls.com\/article\/summer-2024-updates-top-questions\">Bright MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16805\" class=\"ninja_table_row_29 nt_row_id_16805\">\n            <td>Pennsylvania<\/td><td><a href=\"https:\/\/www.greaterlehighvalleyrealtors.com\/news\/glvr-statement-on-nar-settlement-announcement\/\">Greater Lehigh Valley MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16806\" class=\"ninja_table_row_30 nt_row_id_16806\">\n            <td>South Carolina<\/td><td><a href=\"https:\/\/www.ccarsc.org\/pages\/settlement\">Coastal Carolina AOR MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16807\" class=\"ninja_table_row_31 nt_row_id_16807\">\n            <td>South Carolina<\/td><td><a href=\"https:\/\/www.wavgroup.com\/2024\/06\/25\/resides-is-second-privately-owned-mls-to-opt-out-of-nar-settlement\/\" target=\"_blank\">REsides MLS<\/a><\/td><td>\u274c<\/td>        <\/tr>\n            <tr data-row_id=\"16808\" class=\"ninja_table_row_32 nt_row_id_16808\">\n            <td>South Carolina<\/td><td><a href=\"https:\/\/www.chsmls.com\/narsettlement\">Charleston Trident MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16809\" class=\"ninja_table_row_33 nt_row_id_16809\">\n            <td>Tennessee<\/td><td><a href=\"https:\/\/www.greaternashvillerealtors.org\/news\/2024\/03\/15\/association-news\/nar-settlement-update\/\">Nashville (RealTracs Mid) MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16810\" class=\"ninja_table_row_34 nt_row_id_16810\">\n            <td>Tennessee<\/td><td><a href=\"https:\/\/www.gcar.net\/nar-settlement\">Greater Chattanooga REALTORS\u00ae<a\/><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16811\" class=\"ninja_table_row_35 nt_row_id_16811\">\n            <td>Tennessee<\/td><td><a href=\"https:\/\/www.maar.org\/news\/2024\/03\/26\/homepage\/nar-settlement-top-questions-answered\/\">Memphis MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16812\" class=\"ninja_table_row_36 nt_row_id_16812\">\n            <td>Virginia<\/td><td><a href=\"https:\/\/rarealtors.com\/cvrmls-compensation-toolkit\/\">Central Virginia Regional MLS<\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16813\" class=\"ninja_table_row_37 nt_row_id_16813\">\n            <td>Washington<\/td><td><a href=\"https:\/\/www.spokanerealtors.com\/nar-proposed-settlement-faq\/\">Spokane MLS <\/a><\/td><td>\u2705<\/td>        <\/tr>\n            <tr data-row_id=\"16814\" class=\"ninja_table_row_38 nt_row_id_16814\">\n            <td>Washington<\/td><td><a href=\"https:\/\/www.nwmls.com\/nwmls-leads-the-industry-in-providing-consumers-with-transparency-choice-and-options-to-negotiate\/\" target=\"_blank\">Northwest MLS<\/a><\/td><td>\u274c<\/td>        <\/tr>\n            <tr data-row_id=\"16815\" class=\"ninja_table_row_39 nt_row_id_16815\">\n            <td>Wisconsin<\/td><td><a href=\"https:\/\/metromls.com\/settlement\/\">Metro MLS (WIREX)<\/a><\/td><td>\u2705<\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\"><strong>Bottom Line<\/strong><\/h2>\n\n\n\n<p>The NAR settlement introduces new dynamics to the home buying and selling process. Buyers have control over how they compensate their agents. Sellers are likely to save money on agent commissions. The increased flexibility and transparency in real estate transactions will benefit both sides.&nbsp;<\/p>\n\n\n\n<p>However, the long-term implications of this shift are complex. Reduced commissions may impact the quality of service and competition in the industry. Additionally, the ability to negotiate fees could lead to price disparities and potential consumer confusion. These changes may cause problems for first-time homebuyers and those in lower-priced housing markets.<\/p>\n\n\n\n<p>Organizations like the Department of Justice and several veteran real estate agents are optimistic. NAR, MLSs, and real estate companies have also started to develop systems to ease the transition. The long-term impact will depend on the industry\u2019s ability to accept and adapt to these changes.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"new-excerpt\"><p class=\"small-desc\">In March 2024, the NAR and major national brokerages entered into a billion-dollar settlement with the Sitzer\/Burnett plaintiffs. The settlement went into effect on August 17, 2024. Buyer agent commissions are...<\/p><\/div><div class=\"reading_date\"><span class=\"readtime\">7 mins read<\/span><span class=\"date\">Apr 06, 2026<\/span><\/div>","protected":false},"author":139,"featured_media":579181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[36311,36312,36310,36309,36308],"class_list":["post-566574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-nar-realtors-lawsuit","tag-national-association-of-realtors-settlement","tag-national-association-realtors-lawsuit","tag-realtor-settlement","tag-realtors-settlement-commissions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NAR Settlement 2024: End of Buyer Agent Commission<\/title>\n<meta name=\"description\" content=\"NAR\u2019s $418M settlement has caused shockwaves in the industry. 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