NAR Settlement Agreement
Get the Facts On March 14, the National Association of Realtors® announced a proposed settlement agreement that would end litigation claims brought on behalf of home sellers related to broker commissions. The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local Realtor® associations, all association-owned Multiple Listing Services (MLSs),…
Realtors®: Champions of the American Dream
Demonstrating Value to Consumers Realtors® are everyday working Americans who are experts at helping consumers navigate the complexities of home purchases and advocates for fair housing and wealth building for all. Now, more than ever, Realtors® should demonstrate their value to consumers. Show your clients exactly what you do to help them navigate through one…
OCHAR Releases March Market Reports
OCHAR February Market Reports FEBRUARY 2024 Market Reports U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of REALTORS® (NAR). Falling interest rates late last year, coupled with a recent uptick in…
TMLS Members Now Have Access to FOREWARN
FOREWARN Available to TMLS Members Are you a member of the Triangle MLS? If so, you now have FREE access to FOREWARN! FOREWARN is a proactive safety and lead intelligence service is available for all association members! With the FOREWARN app you can instantly verify: Identity (first name, last name, alias, and age) Phone numbers…
NAR Litigation Update: Written Buyer Agreements
From Katie Johnson, NAR Chief Legal Officer April 29, 2024 – We are writing to share that we have updated our FAQ to include additional information and clarity about written buyer agreements. As you know, as a part of our settlement, we have agreed to require MLS participants working with buyers to enter into written…
Preliminary Approval of NAR Settlement Agreement Granted
Update by Katie Johnson, NAR Chief Legal Officer I’m writing to share an additional update with you regarding the motion for preliminary approval in the settlement. We shared with you over the weekend that the Plaintiffs’ counsel filed a Motion for Preliminary Approval of this agreement with the federal court in the Western District of…
Orange Chatham Counties Candidate Scorecard
OCHAR 2024 Political Candidate Scorecards On March 5, 2024, OCHAR members will head to the polls to vote. As part of the association’s advocacy program, the OCHAR Government Affairs Committee worked with NC Realtors® Government Affairs Director Ryan Kluk, to develop a list of questions for candidates running for Orange and Chatham County municipal offices.…
OCHAR Realtors® of Distinction Awards
Nominate an OCHAR Realtor® of Distinction! OCHAR Realtors® and affiliates are working every day to help buyers and sellers navigate a challenging real estate market. But that’s not all. Our members work tirelessly in their communities to make a difference, to help those in need, and to improve the quality of life for those who…
Housing Survey in Carolina Core
We Need Your Participation!! Bowen National Research has been retained by NC REALTORS to conduct a Housing Needs Assessment (HNA) of a 20-county region of the Carolina Core, which extends generally from the Winston-Salem area to the west, to Burlington the east and down to the Fayetteville area in the south. As part of this…
Competition in Real Estate
Burnett Trial Verdict An eight-person jury in Kansas City, Missouri recently returned a verdict against NAR and other corporate defendants in the case of Burnett v. NAR et al. NAR stands by the fact that its guidance for local MLS broker marketplaces ensures consumers get comprehensive, equitable, transparent and reliable home information and that brokerages…