14min chapter

Industry Relations cover image

A Multi-Million Dollar Settlement: Unpacking NAR's Landmark Deal with the DOJ

Industry Relations

CHAPTER

Implications of NAR Settlement Agreement

The chapter delves into the details of a significant multi-million dollar settlement agreement between NAR and the Department of Justice, exploring its impact on referral networks, portals, and MLS's. The conversation highlights the release of 1 million NAR members from liability nationwide and the positive outcomes of the $418 million settlement. There is discussion on the conditions, coverage, and implications for different entities within the real estate industry, emphasizing compliance with specific rules changes for inclusion in the settlement.

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