NAR LEGAL SETTLEMENT questions an OUTCAOME
FACTS.realtor NEW FORMS and Protocol. Stay in the Know with Stellar MLS! The National Association of REALTORS® (NAR) has agreed to resolve nationwide claims brought on behalf of home sellers concerning the MLS Cooperative Compensation Model rule. The settlement agreement requires covered MLSs to adopt and enforce a new set of rules. Consequently, Stellar MLS must update our policies and systems to align with these updates, including the complete removal of any/all references to compensation from the MLS system, the requirement to use a buyer brokerage agreement before showing a property, the optional addition of a field to note seller concessions to the buyer, and strict enforcement of misuse of MLS content to enable a separate platform for sharing compensation. Stellar MLS is proud to support you in the important work you do! We work diligently to inform you of how these changes will impact your business and ours. Together, we