NAR is correcting the record about the proposed settlement to resolve nationwide claims brought by home sellers.
Category: News
C.A.R. has new information about how real estate practices may be changing in response to the proposed NAR class action lawsuits settlement.
NAR has announced that Fannie Mae and Freddie Mac confirmed that buyers whose agent is compensated by the seller can access financing through those institutions.
A special REALTOR® Magazine digital supplement dispels misinformation about the proposed settlement and helps explain the importance of a written buyer agreement.
NAR President Kevin Sears discusses what the lawsuit settlement means for homebuyers and sellers in the latest episode of the Real Estate Today podcast.
C.A.R. has released new and revised forms including the Application to Lease or Rent Screening Fee (LRA), Notice of Termination of Tenancy Instructions (NTT), Family Move-In Disclosure and Addendum (NTT FM), and the Substantial Remodel or Demolition Disclosure and Addendum (NTT-RD). More information is available here. (Log in required)
Take the REALTOR® Party message to Sacramento on May 1 by registering for the C.A.R. Legislative Day.
NAR and the Mortgage Bankers Association have sent a letter asking FHFA, FHA, Fannie Mae, and Freddie Mac to ensure buyers will still be able to secure mortgages after the proposed settlement is complete.
Got questions about the proposed NAR lawsuit settlement? C.A.R. is holding more townhalls March 29, at 1:30pm, April 1 at 9:30am and April 3 at 10:30am. REGISTER
- N.A.R has explained the terms of the settlement in the Sitzer-Burnett class action lawsuit through their own FAQs here:
- Fact Sheet – Read the details of NAR’s action available here.
- Who Is Covered? Download PDF
- Settlement Agreement Facts Toolkit available here. Help get out the facts about the settlement by sharing this sample copy and these social media assets.
- Settlement Agreement: Legal documentation of the settlement
- Settlement Overview available here.
- Settlement Timeline available here.