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  2. Nationwide Multi-State Licensing System and Registry

    en.wikipedia.org/wiki/Nationwide_Multi-State...

    The Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam.

  3. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  4. Depository Trust & Clearing Corporation - Wikipedia

    en.wikipedia.org/wiki/Depository_Trust_&_Clearing...

    Depository Trust & Clearing Corporation. The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade reporting services to financial market participants. It performs the exchange of securities on behalf of buyers and sellers and functions as a central ...

  5. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agents_and_brokers

    Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements ...

  6. What the National Association of Realtors' settlement means ...

    www.aol.com/news/national-association-realtors...

    A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has seen in ...

  7. How the NAR legal settlement could impact local realtors ...

    www.aol.com/nar-legal-settlement-could-impact...

    Buncombe County's median home sale price has increased by over 53% in the past few years, where 2023 ended with homes in the area settling at a median price of $485,000, according to reports ...

  8. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...

  9. Real estate lawsuit settlement upends decades-long policies ...

    www.aol.com/news/national-association-realtors...

    A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...