At a recent industry event, the president of the National Association of Realtors (NAR) made a significant announcement regarding a recent development in the commission lawsuit settlement agreement. This announcement comes just hours after the court granted preliminary approval of the settlement agreement, marking a major step forward in resolving the dispute.

Key points from the announcement include:
– NAR’s president addressing industry professionals at The Gathering following court approval of the settlement agreement
– Court granting preliminary approval of the commission lawsuit settlement agreement
– Significance of this development in moving towards a resolution in the ongoing dispute
– Implications for real estate professionals and the industry as a whole

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