Dear Real Estate Industry,
You are navigating a market that demands clarity, confidence and practical support. NAR’s responsibility, executed through our Strategic Plan, is to deliver strong advocacy, clear guidance and applicable tools to help you serve your clients, grow your business and lead in your communities.
When we launched this three-year plan in January, we were clear about our goal: to focus NAR’s work on the issues that matter most to members and the broader real estate marketplace. That means building a better future member experience while also modernizing the association so we can move faster, be more responsive and deliver more practical value.
We have been putting that focus into action across the areas that matter most to members, partners, the real estate industry and consumers. Housing supply remains a top priority. Through two years of sustained advocacy and coalition-building, NAR led the bipartisan 21st Century ROAD to Housing Act into law. To unlock the housing market, this landmark legislation is made up of nearly 50 individual bills that together will expand supply, increase access to credit, remove barriers, improve affordability and create more opportunities for consumers. We are also continuing to push for policies that can unlock more inventory, including right-sizing the capital gains exclusion, also known as the home equity tax, through the More Homes on the Market Act.
To support members navigating the evolving MLS landscape, we offer clear, practical guidance on policy and listing options. From Clear Cooperation and office exclusives to listing filtering, objective criteria and broker-to-broker communications, we are providing guidance on what is changing and why it matters. At the same time, we continue to advocate for the MLS system. We’re bringing together industry partners to collaborate on solutions to support and strengthen the MLS ecosystem. And we penned a letter to both the U.S. Department of Justice and the Federal Trade Commission on the MLS’ role in supporting competition, transparency and consumer access to information.
Reducing legal uncertainty is another critical part of this work. We are making steady progress through a broader legal and risk management strategy, including reaching a major strategic settlement in the Tuccori homebuyer commission case and several court dismissals involving challenges to REALTOR® association membership and MLS structure. The Tuccori settlement has received preliminary court approval and, if granted final approval, the settlement would give members, state and local associations, MLSs and eligible brokerages broad protection from potential copycat lawsuits without requiring new business practice changes. These developments are part of our ongoing effort to reduce risk for members, associations, MLSs and brokerages while protecting the market structures that support your work.
Just as important, we are strengthening how we listen and respond. NAR is meeting brokers, associations and members where they are—through local and state summits, major industry conferences and ongoing feedback channels. Those conversations shape how we approach technology tools, data governance, support for emerging tech companies and modernized education. The goal is simple: clearer information, more useful resources and stronger support to help you run your business and serve your clients in today’s market.
This work will continue in the months ahead through more role-specific programming at NAR NXT, the launch of our new Learning Management System and an increased commitment to professionalism. Each of these efforts is part of the same commitment: enhancing the value of NAR membership to help get you to your next transaction.
Nykia Wright
