NAR Proposed Settlement Resources
This page contains resources from NAR and Canopy ranging from videos, statements, FAQ’s, and interviews done by Anne Marie DeCatsye, CEO, to provide the most accurate information about the proposed NAR settlement.
Canopy’s communication efforts and Resource regarding NAR proposed settlement
Charisma Southerland, president of Canopy Realtor® Association/Canopy MLS, shares Canopy’s perspective on the NAR proposed settlement, Buyer Agency Agreements, prioritizing conversations with your clients about the services Realtors® provide and compensation.
Litigation Update from NAR President Kevin Sears and CLO Katie Johnson
Mar 22, 2024
Kevin Sears: Discussing Key Settlement Considerations and Ongoing Advocacy Efforts On the Road
Canopy addresses media coverage with the facts and conducting interviews
The media’s portrayal of the proposed NAR settlement, announced March 15, which would put an end to the litigation of claims brought on behalf of home sellers nationwide related to broker commissions, has been cloudy at best. While the proposed settlement is still subject to court approval and therefore not final, Canopy has been proactively monitoring these court cases and planning for various outcomes for quite some time, one of which was the possibility that compensation through the MLS would ultimately be eliminated.
Read:
- Canopy Realtor® Association Media Statement
- Canopy Realtor® Association one-page NAR Settlement Facts summary
- Anne Marie DeCatsye, CEO discusses NAR settlement with the Charlotte Business Journal
- Anne Marie DeCatsye, CEO discusses NAR Settlement with Smoky Mountain News
- Anne Marie DeCatsye, CEO discusses NAR Settlement with the Mountaineer News
- NCR Overview of NAR Settlement (NC REALTORS®)
Additional resources from NAR:
- Timeline – estimated milestones
- Press release responding to inaccuracies and misinformation in the media
- NAR Settlement FAQs
- Second Q&A related to financing
- The facts for Realtors®
- The truth about the NAR settlement agreement
Request a legal landscape presentation
Anne Marie DeCatsye, CEO, and Michele McCaskill, VP of Risk Management and Assistant General Counsel, are making presentations to firms in person and virtually. The presentation provides an overview of the current legal landscape, the impact these lawsuits will have on NAR and Canopy, what the future could look like for both organizations, and the importance of demonstrating, to consumers, the value the Realtor® brings to each real estate transaction.
If you are interested in having a presentation scheduled, please contact Danielle Melendez.