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Settlement Changes

What is the settlement with the National Association of Realtors?

The settlement with the National Association of Realtors (NAR) involves significant changes, including removing compensation details from the Multiple Listing Service (MLS). This means that a buyer and agent's compensation must now be negotiated directly between those parties. While compensation offers will no longer be listed on the MLS, you can still discuss and agree upon these terms with your real estate professional.