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Friday, November 1, 2024

Ohio REALTORS provides resources ahead of NAR settlement implementation

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Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | LinkedIn

Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | LinkedIn

Ohio REALTORS has shared important information regarding the proposed NAR settlement, which will take effect on August 17. The organization has provided resources to assist in handling inquiries from past clients once class action attorneys begin contacting potential claimants through mail notifications and advertisements.

The provided materials include guides such as "Guide to Broker Commissions in Real Estate Transactions," "Working with a Buyer REALTOR®," "Customer vs. Client," "Ohio REALTORS® Key Messages," "What the NAR Settlement Means for Homebuyers and Sellers," and a Q&A section for answering buyers' questions.

Additionally, Ohio REALTORS has made available settlement videos at facts.realtor. These videos can be used on social media, websites, or sent out to members in communications.

Online training sessions are scheduled throughout August. Members can register through their Member Portal under Courses and Events and download a PDF copy of the schedule. For more information, contact Kelsey Panek at kpanek@cincyrealtoralliance.com.

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