The National Association of REALTORS faced a series of major legal challenges in 2024 that reshaped long standing real estate practices, and the impact of those battles continues to influence the industry today. The National Mortgage News recap highlighted the scope of these changes, and Eddie Blanco, Chairman of the Board for the MIAMI Association of REALTORS and founder of Stratwell, provided valuable insight on how these developments affect buyers, sellers and real estate professionals in 2025.

A Year Marked by Legal Shifts

Throughout 2024, NAR dealt with multiple lawsuits, government scrutiny and industry wide settlement agreements that introduced significant changes to everyday real estate transactions.

Key developments included

• High profile commission related lawsuits

• A major financial settlement requiring nationwide practice changes

• Removal of compensation offers from MLS platforms

• New requirements for written buyer representation agreements

• Ongoing Department of Justice involvement and industry oversight

These changes forced the real estate industry to reassess how compensation is communicated and how consumer representation is structured.

Why These Legal Battles Matter Today

The outcomes of the 2024 legal actions continue to influence how real estate professionals and consumers interact in 2025.

1. Compensation is now negotiated more directly

The elimination of compensation displays in MLS systems means buyers and sellers must have clearer conversations about representation and fees.

2. Written buyer agreements increased clarity

Buyers now sign written agreements when receiving representation, establishing expectations and responsibilities upfront.

3. Transparency became a new industry standard

Consumers are more informed, more curious and more aware of how real estate services work.
This shift encourages better communication and accountability.

4. Agents must articulate value with more clarity

Eddie noted that this environment benefits professionals who lead with education, clarity and strong service.
The role of the agent has become more advisory and less assumption based.

Eddie’s Perspective on the Changing Landscape

Eddie explained that while the legal headlines were intense, the real transformation is positive.
“Clients now receive more clarity about representation, negotiation and service,” he said.
“These changes elevate our industry by rewarding agents who take their role seriously, stay informed and guide clients with confidence.”

He emphasized that real estate has always been relationship driven, and these updates simply reinforce the importance of professionalism and communication.

What This Means for Buyers, Sellers and Agents

For buyers

Written agreements help define the relationship from day one.
There is more clarity on representation, duties and compensation, which supports better decision making.

For sellers

Compensation structures may look different than in past years, but the fundamentals remain.
Pricing strategy, marketing, positioning and negotiation still determine success.

For real estate professionals

Adapting quickly, educating clients and leading with transparency will set top agents apart.
Eddie notes that professionals who embrace these changes will thrive in the new environment.