Realtor commissions
From staff reports A federal judge has approved a final settlement between the National Association of Realtors (NAR) and a group of home sellers, requiring NAR to rewrite its commission rules and pay $418 million in damages. This settlement announced Tuesday stems from the class-action antitrust lawsuit accusing NAR and several brokerages of inflating seller-paid…
There has been a lot of discussion lately about Realtor commissions, and what sellers should expect for the commission they are going to pay. More and more startups are popping up to cut the Realtor out altogether. So for our Aug. 3 Friday Question, we asked real estate professionals — and our readers — to…
