Jun 27, 2024
Dear LIBOR Members,
Earlier this year, the National Association of REALTORS® (NAR) announced a settlement agreement to resolve ongoing litigation brought on behalf of home sellers related to broker compensation. OneKey® MLS has filed the necessary paperwork to participate in the NAR settlement in the Sitzer-Burnett case, which aims to shield the MLS and its customers from future liability related to this lawsuit. This is a period of significant industry change, and we are confident in our shared resilience and ability to find opportunity in this new landscape. Long Island Board of REALTORS® (LIBOR), Hudson Gateway Association of REALTORS® (HGAR), and OneKey® MLS are committed to helping you navigate these changes and supporting you through this transition and beyond.
Click below for our next steps, approved by OneKey®’s Board of Managers, created in alignment with NAR’s essential guidance on mandatory MLS policy changes.
Sep 6, 2024
Sep 3, 2024