The National Association of Realtors (NAR) settlement, valued at $418 million, is expected to impact the real estate industry significantly. The agreement aims to rewrite rules governing commissions, potentially lowering costs for homebuyers and increasing competition among realtors. While the settlement could lead to savings for existing homeowners and sellers, experts question if it will make the market more manageable for buyers. Various industry stakeholders are discussing the implications of the settlement, with some cautioning that lower commissions may not directly translate to reduced home prices.