Top Story of the Week
NAR Reaches Settlement Agreement to Resolve Claims Brought by Home Sellers
| The National Association of Realtors® announced a settlement agreement, pending court approval, to end litigation claims brought by home sellers relating to the MLS cooperative compensation Model Rule. If the court approves this proposed settlement, it is expected to take effect in July. New Jersey Realtors® continues to encourage members to use the buyer agency agreements available through zipForm, which are included with your membership, and next month, New Jersey Realtors® will release updated versions of the buyer agency agreements ahead of when the proposed settlement could take effect. Watch the video below for an explanation on the proposed settlement with New Jersey Realtors® 2024 President Gloria Monks and CEO Jarrod Grasso. |
| Click here for NAR's resource webpage which features FAQs, a video explanation, and a settlement fact sheet. |
Being a Member Has its Perks |
| Join HOF at the Ballfield this June Mark your calendars! New Jersey Realtors® Housing Opportunity Foundation's baseball night at the Somerset Patriots is back on June 20. Invite your family and friends, enjoy one of the best fireworks shows in the state, and support HOF's affordable and safe housing initiative. Tickets at $12 and $5 of each ticket is considered a charitable contribution. Purchase your ticket.
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