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Governance & Legal Corner

Governance & Legal Corner

Legislative, Legal, & Association Governance NEWS from the National, State and Local levels

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What Realtors® Need to Know About Buyer Commissions

A recent legal settlement involving the National Association of Realtors® highlights ongoing scrutiny around buyer-side commissions. With millions paid to resolve claims, these developments reinforce a major shift toward transparency, clearer agreements, and more direct conversations with buyers about how agents are compensated.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Senate Advances Major Reform Effort

A major bipartisan housing bill is gaining momentum in Washington, aiming to tackle the nation’s housing shortage at its core—supply. Backed by the National Association of Realtors®, the legislation focuses on cutting red tape, encouraging development, and improving affordability. Here’s what it means for real estate professionals and the future of housing inventory.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

What it Means for Realtors and MLS Access

A federal court has dismissed the “Hardy” antitrust lawsuit involving the National Association of REALTORS®—a decision that reinforces the current Realtor membership model and MLS access structure. Here’s what Realtors need to know and why it matters moving forward.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Ban a State Property Tax

This coming Fall election, you have a decision to make. Amendment 2 would ban a state property tax in Tennessee.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Targets Excessive Corporate Home Buying

A bipartisan housing reform bill recently passed by the U.S. Senate that aims to address housing affordability by limiting large institutional investors from purchasing excessive numbers of single-family homes. The measure, supported by lawmakers from both parties, seeks to rebalance the housing market by giving individual buyers a better opportunity to compete while also encouraging new housing development nationwide.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Lawmakers Urge Treasury to Address Inflation’s Impact on Home Sales

Members of Congress are urging the U.S. Treasury to adjust capital gains calculations for inflation, arguing that outdated tax thresholds are increasingly penalizing long-time homeowners. Real estate advocates say the current limits—unchanged since 1997—are discouraging sellers and tightening housing supply, prompting renewed calls for reform that could affect millions of homeowners and the broader housing market.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Congress Advances Major Housing Supply Legislation

A bipartisan housing package moving through the U.S. Senate aims to address the nation’s housing shortage by modernizing federal programs, encouraging new construction and expanding access to homeownership. Industry groups say the proposed reforms could help remove regulatory barriers and improve affordability by boosting the supply of homes across urban, suburban and rural markets.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Property Rights Upheld A judge has struck down Wilson County’s 2023 zoning amendments, ruling that the commission failed to follow proper procedures. For REALTORS® and property owners, the decision reinforces that due process is essential in land-use policy and that property rights remain strongly protected under the law.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Here's an informative brief on all of NAR's recent litigation victories and their significance to Realtors®

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

In July 2025, Congress passed H.R. 1815—the VA Home Loan Reform Act—ushering in pivotal reforms for veterans seeking homeownership. Spearheaded by the National Association of REALTORS® (NAR), the legislation makes permanent a policy allowing VA loan–eligible buyers to pay their agents directly. It also launches a support program for veterans struggling with mortgage payments. These changes level the real estate playing field for service members using VA benefits.

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

NAR’s Legal Win Against Homie Technology

The U.S. District Court in Utah has dismissed antitrust claims brought by Homie Technology—citing insufficient evidence of coordinated wrongdoing and ruling many allegations too old to pursue. The decision effectively bars Homie from refiling the same suit and underscores that antitrust protections focus on markets, not competitors.⁣

EASTERN MIDDLE TENNESSEE ASSOCIATION OF REALTORS®

Trump's Appointment Confirmed

Buzz Steele

Key Insights from NAR

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Protecting Members' Use of Floorplans

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Searchable Articles

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"MLS Choice" Membership Option

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