Dallas Native Team | Dave Perry-Miller Real Estate’s Post

🏡 The National Association of Realtors (NAR) lawsuit settlement is currently the talk of the town in the real estate industry. A landmark ruling has emerged, mandating that real estate agents need to have signed agreements with buyers to represent them effectively. Furthermore, it dictates that listing agents cannot disclose the fee split offered to the buyer's agent on the MLS. Since the announcement, I've been inundated with questions about how this pivotal change might impact my business operations. Here's the thing - it won't. My team and I have always upheld the highest standards of professionalism and transparency. Securing agreements from those we represent has been a cornerstone of our practice, ensuring that every party is clear about the terms of our relationship from the get-go. Additionally, we have never resorted to publicizing our commission splits. This ruling, in many ways, aligns with our longstanding approach to real estate transactions. It reinforces the importance of clarity, mutual agreement, and respect in every professional relationship we build. So, to all our clients past, present, and future, know that our commitment to your best interest remains unwavering, no matter how the industry standards evolve. #RealEstate #NARSettlement #ProfessionalismInRealEstate #Transparency #ClientFirst #KWCIG

Real Estate Lawsuit Settlement Explained Simply (A J Marshall Schoonover Analysis) There's been a lawsuit against the National Association of Realtors (NAR) about how real estate agents are paid, and it appears to be nearing a resolution. In my opinion, based on the details available, this settlement could have a significant impact on the real estate industry. Let's break it down: Please click on the link below to learn more. https://lnkd.in/gF4f5Nu7

🏠💼 Big news in real estate! The NAR settled a lawsuit, bringing major changes to how commissions are disclosed and negotiated - effective August 17, 2024! This means more transparency for both buyers and sellers. Curious about what this means for you? Check out our latest article for all the details! #RealEstate #NAR #HomeBuying #HomeSelling #Transparency #OxfordMsRealEstate #HomeGirl https://lnkd.in/gPWFpxTx

real estate commission lawsuit - real estate commission changes The landscape of real estate commissions is undergoing a significant transformation in 2024, primarily due to a series of lawsuits and settlements involving the National Association of Realtors (NAR). #Commissionrates #NAR #NARCommissionLawsuit #NARLawsuit

A recent verdict found that the National Association of Realtors (NAR) conspired to inflate commissions paid to homebuyers’ real estate agents, sparking a national debate over agent commission fees. A federal civil jury determined that NAR and its co-defendants (some of the largest real estate companies in the country) owed almost $1.8 billion in damages to the plaintiffs, a class of buyers of real estate properties. In our latest blog post, Solal Wanstok discusses the facts of the case and how the verdict could bring significant changes to real estate agents’ commissions https://lnkd.in/eNXTGqHt #realestate #realestatecommission #NARlawsuit

The recent approval of the settlement in the National Association of Realtors lawsuit has sparked widespread discussion. Here's what you need to know: -Commissions are negotiable and the National Association of Realtors (NAR) has never set these rates. Litigation focused on rules requiring listing brokers to communicate compensation offers, but NAR policies and the MLS Handbook consistently prohibit setting or suggesting commission amounts. The settlement promises enhanced communication and transparency for all parties in real estate transactions. Moving forward, compensation details may not be listed on many MLS platforms. For a comprehensive overview of the facts, visit this FAQ page. https://lnkd.in/dnSSWNST

Big news in the real estate world today! The National Association of Realtors (NAR) has reached a $418 Million deal to settle multiple commission lawsuits. It's too early to say how this will impact the industry moving forward, but it's definitely worth keeping an eye on. How do you think this will change the future of real estate? Let me know in the comments. #RealEstate

Have you ever wondered why a seller is responsible for the buyer's commission? With the internet and the ever-increasing access to information concerning homes on the market, should a seller be required to pay the commission due to the buyer's agent? This is a question that became the center of a landmark lawsuit: Burnett, et al v. The National Association of Realtors, et al. Understanding the Facts: In the realm of consumer real estate transactions, transparency and fair practices are paramount. The case of Burnett et al v. The National Association of Realtors et al, which unfolded in the U.S. District Court for the Western District of Missouri, No. 4:19-cv-00332, shed light on issues concerning competition and fair practices within the residential real estate industry. Undoubtedly, the verdict will have far-reaching impacts for residential real estate transactions. Check out our website for more information. https://lnkd.in/gVpnUq-Y #realestatelaw #commissioncase #NAR #realestate #hunterlawgroup #HLG

🔥It’s happening next month! New residential property disclosure guidelines for sellers in NY. Effective March 20th. Click through to learn more from this informative blog. Or give us a call at (914) 338-8050. https://rb.gy/5q9pgn #realestate #seller #realtor #legalnews #highlyrated #legaladvice #legalknowhow #responsive #trustedsource #westchesterNYlawyer #personalized #integrity #locallawyer

If you've been reading about real estate lately, you've no doubt heard about antitrust lawsuits and settlements involving brokerages and the National Association of REALTORS®. The media noise has left many feeling confused and uncertain about the home buying and selling process. But don't worry! I've got you covered with all the facts you need to know. Go to the Contact Info link in my profile and follow the Campsite link in my bio to read my latest newsletter for a detailed and clear breakdown of what's happening and what it means for you! #KellyPerkinsRealtor #LagunaBeachRealtor #LuxuryRealEstate #OCRealEstate #RealEstateExpert #AntitrustSettlements #NAR #RealEstateClarified #MarketInsight Kelly Perkins REALTOR® DRE# 01932146