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VisitWill NAR implement the new commission structure by August 17, 2024?
Yes • 50%
No • 50%
Official announcement from NAR or credible news sources
NAR Agrees to $250M Settlement, Commission Changes Start August 17
Aug 12, 2024, 05:45 PM
The National Association of Realtors (NAR) has agreed to a significant $250 million class action settlement to address allegations of antitrust violations. Sellers accused NAR and other companies of conspiring to inflate broker commission fees. A judge has granted preliminary approval for the settlement, which will lead to changes in commission structures starting August 17. As the August 17 deadline approaches, more real estate agents are joining NAR and MLSs, anticipating the impact of these policy changes.
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Yes • 50%
No • 50%
Commission structure remains the same • 25%
Commission structure changes • 25%
Introduction of new commission models • 25%
Commission structure eliminated • 25%
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Realogy Holdings Corp • 25%
RE/MAX • 25%
Keller Williams • 25%
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NAR abolishes mandatory membership • 25%
NAR reduces membership fees • 25%
NAR maintains current policy • 25%
NAR increases membership benefits • 25%
NAR changes MLS access rules • 25%
NAR increases membership fees • 25%
NAR offers settlement to brokers • 25%
NAR makes no changes • 25%
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Decrease by more than 10% • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Decrease by 0-5% • 25%
Increase by 0-5% • 25%