NAR Settlement Info And Resources The National Association of REALTORS ® 'settlement fixing antitrust claims brought versus NAR and others in the Sitzer/Burnett case has actually been given last approval. The court spoke with all parties along with objectors and the Department of Justice. Once arguments concluded, the court quickly ruled to approve last approval. The court is expected to quickly release a formal written order. NAR's class-action settlement was granted court approval Tuesday, protecting a release of liability for over 1.4 million NAR members, all state/territorial and local real estate agent ® associations, REAL ESTATE AGENT ® several listing services (MLSs), NAR's affiliate organizations and all brokerages with an NAR member as principal that had a property transaction volume in 2022 of $2 billion or below. The settlement also releases MLSs and brokerages that picked to opt-in to the arrangement. Discover more. Veterans Affairs Signals Temporary Suspension of Buyer Agent Payment Ban The Department of Veterans Affairs plans to temporarily lift its restriction on purchasers directly spending for expert genuine estate representation until the firm deems it essential to engage in a formal rulemaking procedure, a VA authorities said Tuesday at a Mortgage Bankers Association conference in New York. Although not a main announcement, the comments from VA Deputy Director of Policy Michelle Corridon were met relief from the property industry, as the VA's mortgage warranty is the only loan program with this specific restriction. Veteran purchasers have restricted options in scenarios where the listing broker makes no deal of settlement to the buyer broker, possibly leaving veterans without professional representation or requiring them to change to less beneficial loan items. Click here to learn more.