The Department of Veterans Affairs plans to temporarily lift its ban on buyers directly paying for professional real estate representation until the agency deems it necessary to engage in a formal rulemaking process, a VA official said Tuesday at a Mortgage Bankers Association conference in New York.
On April 23, 2024, Judge Bough granted the Motion for Preliminary Approval of this agreement with the federal court in the Western District of Missouri, which means that the settlement agreement is preliminarily approved.
Check out the special digital supplement of REALTOR® Magazine with 16 pages of important content that will dispel misinformation about the proposed settlement. Use the valuable resources that help separate litigation facts from fiction, debunk myths, and help explain the importance of a written buyer agreement.
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Misinformation has been pervasive in the media over real estate commissions. Here are the facts you should know.
NAR Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers
Want to serve at the National level? The NAR Committee application process is now open through May 15!
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