On April 30, 2024, GCAAR hosted a town-hall webinar for members about the NAR settlement featuring NAR Senior Counsel, Director Legal Affairs Matt Troiani and NAR Vice President of Public Relations and Communications Strategy Mantill Williams.
Below are links to the presentations by Matt and Mantill. Also included is a document referenced by Mantill about the consumer study research:
Near the end of the Town Hall was a fruitful Q&A, and NAR was able to respond to the questions that were not addressed. Take a look at the full Q&A answers asked by GCAAR members.
Note that this information is intended for reference only and is not meant to provide legal advice or representation.
If you're looking for other resources about what the settlement means for you, NAR has released three new episodes of the "Drive with NAR" podcast to help.
What Does NAR’s Settlement Mean for Your Business?
Description: Real estate professionals have always had to demonstrate tangible value to the buyers and sellers they serve. Now that’s doubly important. NAR’s proposed settlement agreement is prompting changes in the real estate industry, but you have all the tools and expertise necessary to navigate those changes smoothly and confidently. Host Marki Lemons Ryhal speaks with four pros, both agents and brokers, about how they’re preparing for the practice changes that are coming.
A New Opportunity to Provide Value to Buyers
Description: The forthcoming rule mandating the use of written representation agreements and other practice changes that are part of NAR’s proposed settlement agreement allows you to emphasize and communicate your value to clients. Host Marki Lemons Ryhal discusses with two practitioners how to maximize these opportunities with buyers.
Refocus on Using Your Voice for Your Clients, Industry
Description: Amidst a tumultuous period in the real estate industry, NAR’s massive advocacy machine has never stopped working for you. Over the last year, REALTORS® secured a reduction in FHA mortgage insurance premiums, got the FHFA to rescind proposed hikes on upfront mortgage fees and protected real estate pros’ status as independent contractors. Host Marki Lemons Ryhal talks with two members steeped in advocacy about the true value of being a REALTOR®.