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The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
A $418 million lawsuit settlement against the National Association of Realtors could lead to a drop in costs for buying and selling a home.. A federal court has certified a class action that ...
Joe Raedle/Getty Images. A federal judge gave a green light to the National Association of Realtors’ settlement, paving the way for an overhaul of the way people buy and sell their homes in the ...
May 9, 2024 at 2:45 PM. Three big real estate brokerage firms received a judge's approval Thursday to finalize sweeping settlements that promise dramatic changes to real estate commissions across ...
Real estate commissions survived the rise of the Internet and decades of attacks from disruption-minded discounters. Now, finally, they might be coming down. A federal lawsuit has forced changes ...
The NAR currently represents about 1.6 million Realtors, with 90% of agents cashing in an average commission of 5% to 6% — equal to $100 billion in annual commissions.
NAR, which boasts 1.5 million members, has agreed to pay $418 million in damages to settle a wide range of lawsuits in courts across the nation, including the shocking $1.8 billion verdict awarded ...
March 15, 2024 at 2:57 PM. 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 ...