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Mar 15, 2024 · NAR and plaintiffs have reached a proposed settlement agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.
Important Update: Plaintiffs and the National Association of Realtors have entered into a Settlement Agreement totaling $418 million, in addition to changes in its rules relating to real estate broker's commissions and other settlement terms. You may review the Settlement Agreement on the Important Documents page of this website.
Mar 29, 2024 · GREENVILLE, S.C. (FOX Carolina) - A lawsuit filed in the Upstate about real estate commissions was heard on Thursday in federal court in Charleston. The suit accuses one of the big four...
Mar 16, 2024 · Realtors could now compete on commissions, allowing for prospective buyers to shop around on rates before they commit to buying a home. Brokers could begin to advertise their fees, allowing ...
Mar 20, 2024 · Homeowners could see a significant drop in the cost of selling their homes after a powerful real estate trade group agreed last week to resolve antitrust litigation accusing brokerages of...
Dec 2, 2023 · But in the aftermath of the Sitzer/Burnett verdict, the floodgates opened, with attorneys, home sellers and homebuyers piling on new and "copycat" lawsuits attacking the current compensation structure. To help keep track of it all, here's a snapshot of each of the noteworthy cases and where it stands.
NC REALTORS® understands that the NAR settlement and litigation has raised questions and concerns about its potential impact on our real estate practices here in North Carolina. We want to provide you with clarity on these matters.
