Californians for Homeownership was founded in response to the California Legislature’s call for public interest organizations to fight local anti-housing policies on behalf of the millions of California residents who need access to more affordable housing.
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C.A.R. is a statewide trade association dedicated to the advancement of professionalism in real estate.
Annual ReportThe CALIFORNIA ASSOCIATION OF REALTORS® is committed to bring you tools and information to help you succeed. Here are some of the innovative tools, services and education C.A.R. provided to help you achieve your professional goals.
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Judge Stephen Bough today granted final approval of the NAR settlement agreement in the class action case related to broker commissions.
C.A.R. supports the judge’s final approval as a reasonable and fair compromise that allows REALTORS® and REALTOR® organizations nationwide to move forward and serve consumers.
The agreement will resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned MLSs, and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or less.
The judge’s approval of the settlement is an important step, but not the final one. It’s likely that many objectors will appeal the settlement to the Eighth Circuit Court of Appeals. While the outcome there may be unclear, the appellants would face an uphill battle in challenging the settlement and its approval.
November 26, 2024
