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NAR Settlement: Key Impacts for Mobility Programs & Relocating Employees

NAR Settlement

What’s Changed: Buyer Agent Compensation Is No Longer Automatic.

Sellers are no longer required to offer commission to buyer agents via MLS—but can still negotiate it off-platform.

Commission Info Has Been Removed from Listings

Buyers and agents must now communicate directly to understand if seller-paid commissions are available. This info is no longer on MLS or sites like Zillow.

Buyer Representation Agreements Are Now Required

Buyers must sign an agreement with their agent before touring homes. This is now standard practice across most U.S. markets.

What This Means for Mobility Programs

Increased Out-of-Pocket Exposure for Transferees

Buyer agent fees are now a negotiable expense—most relocation policies don’t currently cover them.

Reduced Transparency = More Confusion

Without commission info on listings, employees may avoid or miss out on viable properties.

Seller Strategy Will Affect Time on Market

If sellers reduce or eliminate agent compensation:

• Buyer pool shrinks

• Listings may linger

• Offers may drop

If sellers maintain a typical 3–6% offer to buyer agents:

• Buyer pool stays strong

• Marketing timelines remain stable

Where CRI Stands

From the beginning of this transition, CRI made it clear:

We will not pass new fees on to clients

We support transparency and fairness for relocating employee

We do not recommend broad policy changes—yet

We’re advising clients to hold steady while new norms continue to emerge in the market.

Timeline & What’s Still Uncertain

• These changes began rolling out as of August 17, 2024, following the NAR’s settlement announcement.

• A final court hearing was scheduled for November 2024, but some components remain under legal review.

• The DOJ continues to monitor industry compliance and may influence further updates.

State-by-state variation is emerging, with localized practices affecting how rules are implemented.

• Brokerages, MLS systems, and lenders are still aligning on consistent practices.

What You Can Expect from CRI

• Real-time guidance based on what’s happening—not speculation

• Individual case support for complex employee situations

• Collaboration with trusted brokers to ensure a smooth experience for your employees

Bottom Line:

This is a live issue with evolving rules. CRI remains your committed partner in navigating relocation challenges—without disruption to your people or your policies.

 

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