Selling Smarter: What the NAR Settlement Means for Today’s Home Sellers
The National Association of Realtors (NAR) settlement, finalized in 2024, introduced important updates to how real estate commissions may be handled, giving home sellers flexibility. Traditionally, sellers often covered both their own agent’s commission and that of the buyer’s agent. Under the new rules, sellers are not obligated to offer compensation to a buyer’s agent, though they may choose to do so depending on the circumstances, the offer presented, and the overall negotiation process.
The National Association of REALTORS® (NAR) has long emphasized that commissions are not set by law and remain fully negotiable between brokers and their clients. How compensation is structured can vary from one transaction to another, depending on the agreements reached between all parties.
This is why having knowledgeable listing agents like us is so important. We stay on top of ongoing legal and industry changes so you remain informed, protected, and confident in every decision throughout the selling process.
