The NAR Settlement Agreement

What it Means for the Real Estate Industry On March 15, 2024, the National Association of Realtors (NAR) announced a proposed $418 million settlement agreement in the Sitzer-Burnett verdict that would end a lawsuit brought by home sellers related to broker commissions. The plaintiffs claimed that real estate commission rates are too high, buyers’ representatives are paid too much, and NAR’s Code of Ethics and Read More » Continue reading The NAR Settlement Agreement

Stop Renting: Benefits of Homeownership

Is buying a home better than renting? Real estate agents often hear renters say that homeownership is “too stressful.” Renters claim they would rather rent than buy because they don’t want the stress of costs and ongoing maintenance. There certainly can be more costs, responsibilities and upkeep as a homeowner. Zillow recently published its annual Rental Consumer Housing Trends Report for 2022. The report states, Read More » Continue reading Stop Renting: Benefits of Homeownership